Efficiency of Inventory Management Using Financial Ratio Analysis Use the following information relating to Medinas Company to calculate the inventory turnover ratio, gross margin, and the number of days sales in inventory ratio, for years 2022 and 2023.

Sales Cost of Goods sold Average Inventory

Year 2021 $75,000 $52,000 $8,000

Year 2022 90,000 62,000 9,5000

Year 2023 100,00 70,000 11,000