Broadway Communications reported the following figures in its annual financial statements: Cost of Goods Sold ................................ $

Question:

Broadway Communications reported the following figures in its annual financial statements:
Cost of Goods Sold ................................ $ 18,400
Beginning Merchandise Inventory ............... 560
Ending Merchandise Inventory ................... 450
Compute the rate of inventory turnover and days' sales in inventory for Broadway Communications. (Round to two decimal places.)