Inventory turnover and number of days' sales in inventory

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

20Y720Y6Cost of goods sold$3,677,010$3,985,070Inventories:Beginning of year766,500737,300End of year832,200766,500

Required

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

20Y720Y6Inventory turnover

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

20Y720Y6Number of days' sales in inventorydaysdays

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