apter 6 Homework Question 11 of 12 < > View Policies Current Attempt in Progress Suppose that the following information is available for Nike Inc. for the current year. Beginning inventory $11,910 Ending inventory 14,410 Cost of goods sold 88,830 Net sales 140,350 Calculate the inventory turnover, days in inventory, and gross profit rate for Nike Inc. for the current year. (Round gross profit rate to 2 decimal places, e.g. 12.51 and other answers to 1 decimal place, e.g. 15.2. Use 365 days for calculation.) Inventory turnover Days in inventory Gross profit rate times days %