The Following Data Are Taken from the Financial Statements ​ (A) Determine for Each Year (1) the Inventory Turnover

The following data are taken from the financial statements: $\begin{array}{lrr}&\text { Current } & \text { Preceding } \\&\text { Year } & \text { Year }\\\text { Sales } & \$ 3,600,000 & \$ 4,000,000 \\\text { Cost of goods sold } & 2,000,000 & 2,700,000 \\\text { Beginning inventory } & 372,000 & 352,000 \\\text { Inventory, end of year } & 390,000 & 372,000\end{array}$ ​ (a) Determine for each year (1) the inventory turnover, round answer to one decimal place.
(2) the number of days' sales in inventory. Round intermediate calculations to whole numbers and final answers to two decimal places.
(b) Comment on the favorable and unfavorable trends revealed by the data