A Company Reported the Following Data Required:
1

Essay

A company reported the following data:
$$\begin{array} { | l | r | r | } \hline & \text { Year 1 } & \text { Year 2 } \\\hline \text { Cost of goods sold } & \$ 425,000 & \$ 486,000 \\\hline \text { Foding inventory } & 140,000 & 175,000 \\\hline\end{array}$$ Required:
1. Calculate the days' sales in inventory for each year.
2. Comment on the trend in inventory management.