Metlock Merchants reported the following on its income statement for the fiscal year ending December 31, 2017 and 2016.

		2017			2016
Sales		$495,860			$475,590
Cost of goods sold
Beginning Inventory		146,580			154,124
Net purchases		345,590			322,860
Ending Inventory		(139,374)			(146,580)
Cost of goods sold		352,796			330,404
Gross Profit		143,064			145,186
Operating expenses		87,568			89,168
Profit		$55,496			$56,018

Calculate the inventory turnover ratio for Metlock for 2017 and 2016.

Calculate the days sales in inventory for Metlock for 2017 and 2016

Calculate the gross profit margin for Metlock for 2017 and 2016.

Calculate the profit margin for Metlock for 2017 and 2016