HELP PLEASEEE

Perez Corporation has the following financial data for the years 20X1 and 20X2: 20X2 Sales 20X1 $4,607,500 2,910,000 Cost of goods sold $ 4,940,000 3,900,000 520,000 Inventory 485,000 a. Compute the inventory turnover for each year using the formula Sales/Inventory. (Round your answers to 2 decimal places.) Inventory Turnover Ratio 20X1 times 20x2 times b. Compute inventory turnover based on an alternative calculation that is used by many financial analysts, Cost of goods sold/Inventory, for each year. (Round your answers to 2 decimal places.) Inventory Turnover Ratio 20x1 times 20x2 times