Inventory Analysis The following data were extracted from the income statement of Keever Inc.: Previous Year Sales Beginning inventories Cost of goods sold Ending inventories Current Year $1,372,400 100,680 686,200 91,080 $1,432,300 93,052 795,700 100,680 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 Previous Year 1. Inventory turnover 2. Number of days' sales in inventory days days b. The inventory position of the business has deteriorated number of days' sales in inventory has increased The inventory turnover has decreased while the