Explain 9s 6-17 Inventory turnover and days' sales in inventory L07 Mixon Company showed the following selected information for the years ended December 31, 2017, 2016, and 2015: Cost of goods sold Merchandise inventory (December 31. 2017 $410,225 56,195 2016 $344.500 82,500 2015 $312,600 111,500 For the years ended 2017 and 2016, calculate: a. Days' sales in inventory erdin b. Inventory turnover Indicate if the change in the ratio from 2016 to 2017 is generally considered to be favourable (good) or unfavourable (not good). Round calculations to two decimal places. Explain 9s 6-17 Inventory turnover and days' sales in inventory L07 Mixon Company showed the following selected information for the years ended December 31, 2017, 2016, and 2015: Cost of goods sold Merchandise inventory (December 31. 2017 $410,225 56,195 2016 $344.500 82,500 2015 $312,600 111,500 For the years ended 2017 and 2016, calculate: a. Days' sales in inventory erdin b. Inventory turnover Indicate if the change in the ratio from 2016 to 2017 is generally considered to be favourable (good) or unfavourable (not good). Round calculations to two decimal places