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

2012

2011

2010

2009

Net Sales Revenue

$

4,800

$

4,260

$

3,590

$

3,170

Cost of Goods Sold

4,160

3,680

3,170

2,770

Average Inventory

480

430

370

360

Required:

1-a.

Calculate the inventory turnover ratio for 2012, 2011, and 2010. (Round your answers to 1 decimal place.)

1-b.	Calculate the average days to sell inventory for 2012, 2011, and 2010. (Use 365 days in a year. Use rounded "Inventory Turnover Ratio" and round your answers to 1 decimal place.)