Inventory turnover and number of days' sales in inventory Financial statement data for years ending December 31 for Tango Company follow: 2017 2016 $3,766,800 $3,723,000 Cost of goods sold Inventories: Beginning of year End of year 744,600 824,900 715,400 744,600 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 20Y6. Use 365 days and round to one decimal place. 2017 2016 days days Number of days' sales in inventory c. Are the changes in inventory turnover and the number of days' sales in inventory from 2016 to 2097 favorable or unfavorable? Favorable Unfavorable