Metlock Merchants reported the following on its income statement for the fiscal year ended December 31, 2021 and 2020. 2021 2020 Sales $496,060 $474,790 Cost of goods sold Beginning inventory 146,280 154,124 Net purchases 345,790 322,960 Ending inventory (138,574) (146,280) Cost of goods sold 353,496 330,804 Gross profit 142,564 143,986 Operating expenses 87,568 89,168 Profit $54,996 $54,818 Calculate the inventory turnover ratio for Metlock for 2021 and 2020. (Round answers to 2 decimal places, eg. 52.75.) 2021 2020 Inventory turnover times times e Textbook and Media Calculate the days sales in inventory for Metlock for 2021 and 2020. (Round answers to 0 decimal places, eg. 5,275 and use 365 days for calculation.) 2021 2020 days days Days sales in inventory e Textbook and Media Calculate the gross profit margin for Metlock for 2021 and 2020. (Round answers to 1 decimal place, eg. 52.7%.) 2021 2020 Gross profit margin % % e Textbook and Media Calculate the profit margin for Metlock for 2021 and 2020. (Round answers to 1 decimal place, eg. 52.7%.) 2021 2020 Profit margin % % e Textbook and Media For each ratio calculated in (a), (b), (c) and (d) above, identify if the ratio has improved or deteriorated from 2020 to 2021. Inventory turnover Days sales in inventory Gross profit margin Profit margin