d?

Windsor Merchants reported the following on its income statement for the fiscal year ended December 31, 2021 and 2020. 2021 2020 Sales $495,560 $475,090 146,580 154,124 Cost of goods sold Beginning inventory Net purchases Ending inventory Cost of goods sold 346,590 323,060 (138,874) (146,580) 354,296 330,604 Gross profit 141.264 144.486 Operating expenses 87,568 89,168 Profit $53,696 $55,318 (a) Your answer is correct. Calculate the inventory turnover ratio for Windsor for 2021 and 2020. (Round answers to 2 decimal places. c.g. 52.75.) 2021 2020 Inventory turnover times 2.20 times (b) Your answer is correct. Calculate the days sales in inventory for Windsor for 2021 and 2020. (Round answers to 0 decimal places, e.g. 5,275 and use 365 days for calculation.) 2021 2020 Days sales in inventory 147 days 166 days e Textbook and Media Attempts: 2 of 3 used (c) Your answer is correct Calculate the gross profit margin for Windsor for 2021 and 2020. (Round answers to 1 decimal place, c.8. 52.7%) 2021 2020 Gross profit margin 285 % 304 % (d) Calculate the profit margin for Windsor for 2021 and 2020. (Round answers to 1 decimal place, e.g. 52.7%) 2021 2020 Proht margin % %