Inventory Analysis Admiral Company and Corporal, Inc., compete against each other in general merchandise retailing, gas stations, pharmacies, and optical centers. Below is selected financial information for both companies from a recent year's financial statements (in millions) Sales Cost of goods sold Inventory, beginning of period Inventory, end of perlod $77,400 $61,320 1,100 1,720 1,920 73,000 7,620 a. Determine for both companies1) the nventory tumover and (2) the number of days' sales in inventory. Round to one decimal place Admiral Corporal . Inventory turnover 2. Number of days' sales in Inventory days b. All of the following are true of Admiral's strategy except