Inventory Analysis The following data were extracted from the income statement of Shriver Inc.: Current Year Prior Year Sales $1,533,000 $1,603,100 Beginning inventories 103,180 116,536 Cost of merchandise sold 766,500 890,600 Ending inventories 93,380 103,180 a. Determine for each year (1) the inventory turnover and (2) the number of days' sales in inventory. Round interim calculations to the nearest dollar and the final answers to one decimal place. Assume 365 days a year. Current Year Prior Year 1. Inventory turnover 2. Number of days' sales in inventory days days The inventory turnover has while the number of days' sales in b. The inventory position of the business has inventory has