Inventory Analysis The following data were extracted from the income statement of Keever Inc Current Year Previous Year Sales $1,401,600 $1,458,500 Beginning inventories 66,076 100,080 Cost of goods sold 700,000 810,300 Ending inventores 59,676 66,076 a. Determine for each year (1) the inventory turnover and (2) the number of day 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 Previous Year 1. Inventory turnover 2. Number of days sales in inventory days days b. The inventory position of the business has The inventory turnover has while the number of days' sales in inventory has