Inventory Management. The following financial information is taken from the annual report of Intel Corporation: (amounts in millions) Year 2 Year 1 Net revenues $41,826 $37,209 Cost of goods sold 17,777 16,463 Ending inventories 3,126 2,621 Using the above data, calculate the company's inventory turnover, inventory-on-hand period, and gross profit percentage for Year 1 and Year 2. Round all answers to nearest one decimal place. Year 2 Year 1 6.19 X 0 X Inventory turnover Inventory-on-hand period Gross profit percentage 59 x 55.8 X % 57.5 x %