Haymitch Global Industries is a world leading producer of loudspeakers and other electronics products, which are sold under brand names like JRH, Excelsior, and Haymitch/Krug. The company reported the following amounts in its financial statements (in millions):

	2013		2012
Net Sales	$	5,700	$	5,760
Cost of Goods Sold		4,600		4,500
Beginning Inventory		540		470
Ending Inventory		640		540

Required:

1.

Determine the inventory turnover ratio and average days to sell inventory for 2013 and 2012. (Use 365 days in a year. Round your intermediate and final answers to 1 decimal place.)

	2013		2012
Inventory Turnover Ratio		__ times per year		__ times per year
Days to Sell		__ days		__ days