Aegis Industries Inc., is the biggest snowmobile manufacturer in the world. It reported the following amounts in its financial statements (in millions):

	2012			2013			2014			2015
Net Sales Revenue	$	3,800		$	3,260		$	2,590		$	2,170
Cost of Goods Sold		2,910			2,500			2,060			1,770
Average Inventory		380			330			270			260

1. 1-a. Calculate the inventory turnover ratio for 2015, 2014, and 2013.
2. 1-b. Calculate the average days to sell inventory for 2015, 2014, and 2013.
3. 2. Is Aegis performing better than its competitor Snow Pack Corporation where the inventory turned over is 6.0 times in 2015 (60.8 days to sell). Both companies use the same inventory costing method (FIFO).