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The following information is available for Jones's Bottling Company, Inc

Accounting Nov 05, 2020

The following information is available for Jones's Bottling Company, Inc. for the most recent three years: (in millions) Inventory Cost of goods sold Sales 2020 $1.534 11.075 29.008 2021 $1,693 14,109 32,404 2022 $1.929 17.550 34,896 Inventory at the end of 2019 was $1.419. Calculate the inventory turnover ratio, days in inventory, and gross profit margin for 2020, 2021, and 2022. (Round inventory turnover ratio and gross profit margin answers to 1 decimal place, eg. 15.2 and round Inventory days to the nearest day, eg 15 days.) 2020 2021 times times Inventory turnover Days in inventory Gross profit margin days days %
2022 es times ?? days %

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