Costco Wholesale Corporation operated 715 stores as of August 28, 2016. The following data were taken from the companys annual report. All dollar amounts are in millions.

	Fiscal Years Ending
	August 28, 2016	August 30, 2015
Net sales	$116,073	$113,666
Cost of goods sold	102,901	101,065
Net income	2,350	2,377
Merchandise inventory	8,969	8,908

Page 312Required

1. Compute Costcos inventory turnover ratio for 2016 and 2015.
2. Compute Costcos average days to sell inventory for 2016 and 2015.
3. Based on your computations in Requirements a and b, did Costcos inventory management get better or worse from 2015 to 2016?