Financial statement data for years ending December 31 for Amsterdam Company follow:

	20Y4				20Y3
Cost of merchandise sold	$1,387,000				$914,544
Inventories:
Beginning of year	299,300				208,780
End of year	430,700				299,300

a. Determine the inventory turnover for 20Y4 and 20Y3. Round to one decimal place.

	Inventory Turnover
20Y4
20Y3

b. Determine the days' sales in inventory for 20Y4 and 20Y3. Assume 365 days a year. Round interim calculations and final answers to one decimal place.

	Days' Sales in Inventory
20Y4
20Y3