Pembina is a West Coast company with more than 400 drug stores. Financial information for fiscal 2020 and 2019 follows: (in thousands) Sales Cost of merchandise sold Merchandise inventory Fiscal 2020 $5,115,300 3,874,200 Fiscal 2019 $4,715,300 3,593,800 542,800 445,320 Your answer is correct. Compute the gross margin percentage for both years. (Round answers to 1 decimal place, e.g. 10.6%.) 2020 2019 Gross margin percentage 24.3 % 23.8 % Compute inventory turnover and days' sales in inventory for both years. (Round answers to 2 decimal place, e.g. 10.62.) 2020 2019 Inventory turnover times times Days' sales in inventory days days