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$3,864,000$4,001,500Inventories: Beginning of year770,000740,000 End of year840,000770,000

Required

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

20Y720Y6Inventory turnoverfill in the blank 1fill in the blank 2

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 inventoryfill in the blank 3 daysfill in the blank 4 days