At
December 31, 2006, the following information (in thousands) was
available for sunglasses manufacturer Oakley, Inc.: ending inventory
$155,377; beginning inventory $119,035; cost of goods sold $349,114; and
sales revenue $761,865.
Calculate the inventory turnover ratio and days
in inventory for Oakley, Inc. (Round the inventory turnover ratio to 3
decimal places, e.g. 1.205 and the days in inventory to 0 decimal
places, e.g. 120.)
Click here: 2. At December 31, 2006, the following information (in thousands) was available for sunglasses manufacturer Oakley, Inc