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all 3 parts (in millions) Beginning inventory Ending inventory Cost of goods sold Sales revenue 2020 $2,000 2,200 18,690 40,900 2021 $2,200 2,400 20,240 43,900

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(in millions) Beginning inventory Ending inventory Cost of goods sold Sales revenue 2020 $2,000 2,200 18,690 40,900 2021 $2,200 2,400 20,240 43,900 2022 $2,400 2,500 19,845 43,620 Calculate the inventory turnover for 2020, 2021, and 2022. (Round inventory turnover to I decimal place, e.g. 5.1.) 2020 Inventory turnover times times Calculate the days in inventory for 2020, 2021, and 2022. (Round days in inventory to I decimal place, c. 5.1.) 2020 Days in inventory days days Calculate the gross profit rate for 2020, 2021, and 2022. (Round gross profit rate to 1 decimal place e.. 5.1%) 2020 2022 Gross profit rate

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