Inventory Analysis A company reports the following: Cost of goods sold $394,200 Average inventory 78,840 Determine (a) the inventory turnover and (b) the number of days' sales in inventory. Round interim calculations to the nearest dollar and final answers to one decimal place. Assume 365 days a year. a. Inventory turnover fill in the blank 1 fill in the blank 2 b. Number of days' sales in inventory days