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 $3,662,775 $4,043,105 Inventories: Beginning of year 781,100 744,600 End of year 846,800 781,100 Required a. Determine the inventory turnover for 2077 and 206. Round to one decimal place. 2017 2016 Inventory turnover b. Determine the number of days' sales in inventory for 20Y7 and 20Y6. Use 365 days and round to one decimal pace. 2017 2016 Number of days sales in inventory days days c. Are the changes in inventory turnover and the number of days' sales in inventory from 2016 to 2017 favorable or unfavorable