nventory Turnover and Days' Sales in Inventory The Northern Company installed a new inventory management system at the beginning of 2012. Shown below are data from the company's accounting records as reported out by the new system:

	2012	2013
Sales Revenue	$9,000,000	$11,000,000
Cost of Goods Sold	6,000,000	6,900,000
Beginning Inventory	800,000	830,000
Ending Inventory	830,000	800,000

Calculate the company's (a) inventory turnover and (b) days' sales in inventory for 2012 and 2013. Round your answer to two decimal points.

	2012	2013
Inventory turnover	Answer	Answer
Days' sales in inventory	Answer	Answer