Inventory Analysis The following data were extracted from the income statement of Keever Inc. Current Year Previous Year Sales $1,533,000 $1,603,100 Beginning inventories 96,370 104,360 Cost of goods sold 766,500 890,600 Ending Inventories 87.170 96,370 a. Determine for each year (1) the inventory turnover and (2) the number of days' sales in Inventory. Round interim calculations to the nearest do 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 v b. The inventory position of the business has Inventory has The inventory turnover has while the number of days' se Check My Work Prev All work saved, Save and Ex Submit Assignment