Inventory management Three companies that compete in the footwear market are Foot Locker, Finish Line, and DSW. The table below shows inventory levels and cost of goods sold for each company for the 2016, 2015, and 2014 fiscal years. Calculate the inventory turnover ratio for each company in each year and summarize your findings. All values are in millions of dollars. 2016 $4,913 1,286 2015 $4,774 1,255 2014 $4,371 1,215 Foot Locker Cost of goods sold Inventory Finish Line Cost of goods sold Inventory DSW Cost of goods sold Inventory $1,301 375 $1,244 342 $1,118 301 $1,856 484 $1,736 446 $1,637 399 The inventory turnover ratio for Foot Locker in 2016 is (Round to three decimal places.) The inventory turnover ratio for Foot Locker in 2015 is (Round to three decimal places.) The inventory turnover ratio for Foot Locker in 2014 is (Round to three decimal places.) The inventory turnover ratio for Finish Line in 2016 is (Round to three decimal places.) The inventory turnover ratio for Finish Line in 2015 is (Round to three decimal places.) The inventory turnover ratio for Finish Line in 2014 is (Round to three decimal places.) The inventory turnover ratio for DSW in 2016 is (Round to three decimal places.) The inventory turnover ratio for DSW in 2015 is (Round to three decimal places.) The inventory turnover ratio for DSW in 2014 is (Round to three decimal places.) Summarize your findings. (Select the best answers from the drop-down menus.) These companies are in As a result, their inventory turnover ratios are