mctice Assignment Gradebook ORION nment HESSAGE MY INSTRUCTOR FULL SCREEN PRINTER VERSION BACK NEXT Question 2 x Your answer is incorrect. Try again. Sorenson Inc. has sales of $3,126,000, a gross profit margin of 33.74 percent, and inventory of $1,178,000. What are the company's inventory turnover ratio and days' sales in inventory? (Use 365 days for calculation. Round Inventory turnover ratio to 3 decimal places, e.g. 12.555 and days in inventory to I decimal places, e.g. 12.5.) 2.654 137.5 Sorenson's inventory turnover ratio is times and its days' sales in inventory is days. Question Attempts: 1 of 3 used