Malt Company made sales of $30,000 million during 2021. Cost of goods sold for the year totaled $12,900 million. At the end of 2020 , Malt's inventory stood at $1,400 million, and Malt ended 2021 with inventory of $1,600million. Compute Malt's gross profit percentage and rate of inventory tumover for 2021. Begin by computing Malt's gross profit percentage for 2021. (Round your answer to the nearest tenth of a percent, X \%.) Malt's gross profit percentage for 2021 is %. Now compute Malt's rate of inventory tumover for 2021. (Round your answer to one decimal place.) Malt's rate of inventory turnover for 2021 is times