Inventory turnover and number of days' sales in inventory Financial statement data for years ending December 31 for Tango Company follow: 2017 2016 Cost of goods sold $3,671,170 $3,961,710 Inventories: Beginning of year 744,600 722,700 End of year 817,600 744,600 Required a. Determine the inventory turnover for 2017 and 20Y6. Round to one decimal place. 2017 2016 Inventory turnover b. Determine the number of days' sales in inventory for 2017 and 2016. Use 365 days and round to one decimal place. 2047 2046 Number of days' sales in inventory 77.65 67.59 days days c. Are the changes in inventory turnover and the number of days' sales in inventory from 2016 to 2097 favorable or unfavorable? Unfavorable