Perez Corporation has the following financial data for the years 20x1 and 20X2: Sales Cost of goods sold Inventory 20x1 20x2 $3,935,500 $4,624,000 2,778,000 3,808,000 463,000 544,000 a. Compute the inventory turnover for each year using the formula Sales/Inventory. (Round your answers to 2 decimal places.) Answer is complete and correct. Inventory Turnover Ratio 20X1 8.50 times 20X2 8.50 times b. Compute inventory turnover based on an alternative calculation that is used by many financial analysts, Cost of goods sold/Inventory, for each year. (Round your answers to 2 decimal places.) Answer is complete but not entirely correct. Inventory Turnover Ratio 20X1 1.42 X times 20X2 1.21 x times