Polaris Industries Inc. is the biggest snowmobile manufacturer in the world. Assume that it reported the following amounts in its financial statements (in millions): 

Required: 

1. Calculate to one decimal place the inventory turnover ratio and average days to sell inventory for 2017, 2016, and 2015. 

2. Comment on any trends, and compare the effectiveness of inventory managers at Polaris to inventory managers at a competitor, where inventory turns over 4.5 times per year (81.1 days to sell). Both companies use the same inventory costing method (FIFO).

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2017 2016 2015 2014 Net Sales Revenue $1,948 $1,780 $1,657 $1,870 Cost of Goods Sold 1,502 1,387 1,297 1,452 Average Inventory 220 224 216 188