13.

The following data were extracted from the income statement of Martin Solutions, Inc.:

	Year 2	Year 1
Sales	$1,139,600	$1,192,320
Beginning inventory	80,000	64,000
Cost of goods sold	500,800	606,000
Ending inventory	72,000	80,000

Required:

Assume a 365-day year.

Determine for each year:

a. Inventory turnover. Round your answers to one decimal place.

Year 2
Year 1

b. Number of days' sales in inventory. Round your final answer to one decimal place.

Year 2
Year 1