Calculate days in inventory and gross profit rate for 2020, 2021, and 2022.

This information is available for Waterway's Photo Corporation for 2020, 2021, and 2022. 2020 2021 2022 Beginning inventory $ 113,000 $ 311,000 $ 416,000 Ending inventory 311,000 416,000 482,000 Cost of goods sold 947,640 1,272,250 1,257,200 Net sales revenue 1,263,520 1,817,500 1,964,375 (b) b Calculate days in Inventory for 2020 2021. and 2022. (Round answers to 1 decimal place, es, 15. Use 365 days for calculation) 2020 2021 2022 days days Days in inventory days e Textbook and Media Attempts: 0 of 2 used Submit Answer Save for Later (c) Calculate gross proftrate for 2020 2021, and 2022. (Round answers to 1 decimal place, es 12.5%) 2020 2021 2022 X % Gross prontrate