Do a trend analysis of the inventory turnover for each year. Also calculate the days to sell inventory ratio for the respective years.

Cost of goods sold Average inventory 2020 2021 2022 2023 2020 2024 $905,120 134,060 2021 Inventory Turnover $1,004,410 155,670 2022 $1,217,910 206,770 (a) Do a trend analysis of the inventory turnover for each year. Also calculate the days to sell inventory ratio for the respective years. (Round inventory turnover to 2 decimal places, eg. 18.42 and number of days to 1 decimal place, e.g. 13.6.) 2023 Number of Days $1,367,700 321,720 days days days days 2024 days $1,393,950 450,600