ases, and sales of an item areas 18. A company has the following information (Round all computations to two decimals): Year 2 $ 20,440.00 Year 1 $ 18,976.00 Cost of merchandise sold Inventory Beginning of year End of year $ $ 6,300.00 6,825.00 $ $ 5,670.00 6,300.00 a. Compute the inventory turnover for both years rounding answers to two decimals (4 pts): * is the trend favorable or unfavorable (.5 pts)? b. Compute the days in inventory for both years rounding answers to two decimals (4 pts): is the trend favorable or unfavorable (5 pts)? Page 19