Inventory turnover and number of days sales in inventory

Financial statement data for years ending December 31 for Tango Company follow:

	20Y7	20Y6
Cost of goods sold	$3,705,480	$3,814,980
Inventories:
Beginning of year	751,900	715,400
End of year	824,900	751,900

Required

a. Determine the inventory turnover for 20Y7 and 20Y6. Round to one decimal place.

	20Y7	20Y6
Inventory turnover	?	?

b. Determine the number of days sales in inventory for 20Y7 and 20Y6. Use 365 days and round to one decimal place.

	20Y7	20Y6
Number of days sales in inventory	?	?

c. Are the changes in inventory turnover and the number of days sales in inventory from 20Y6 to 20Y7 favorable or unfavorable?