Check my work Polaris Industries Inc., is the biggest snowmobile manufacturer in the world. Assume that it reported the following amounts in its financial statements (in millions): Net Sales Revenue Cost of Goods Sold Average Inventory 2020 $ 2,108 1,662 236 2019 $ 1,940 1,467 248 2018 $ 1,817 1,457 240 Required: 1-a. Calculate the inventory turnover ratio for 2020, 2019, and 2018. (Round your answers to 1 decimal place.) Inventory Turnover Ratio 2020 times per year 2019 times per year 2018 times per year al_browser=0&launchUrl=https%253A%252F%252Fniagara.blackboar... - Chapter 7 G Saved Help Save & Exit Subm Check my work 1-b. Calculate the average days to sell inventory for 2020, 2019, and 2018. (Consider 365 days in a year. Consider inventory Turnover Ratio rounded to 1 decimal place. Round final answers to 1 decimal place.) 2020 Average Days to Sell days days days 2019 2018 2. Is Polaris performing better than its competitor where the inventory turnover is 4.5 times per year (81.1 days to sell)? Both companies use the same inventory costing method (FIFO). O Yes O No