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i Data Table 2018 2017 Sales revenue $ 249,000 $ 243,000 Cost of goods sold: Beginning inventory $ $ 16,000 125,000 28,000 120,000 Net purchases Cost of goods available 141,000 18,000 148,000 16,000 Ending inventory 123,000 132,000 Cost of goods sold Gross profit 126,000 62,000 111,000 57,000 Operating expenses $ 64,000 $ 54,000 Net income Print Done -X i Requirements 1. Compute the rate of inventory turnover for Pugliese Whole Foods, Inc., for the years ended December 31, 2018, and December 31, 2017. Round the result to two decimal places. 2. Compute the days-sales-in-inventory for Pugliese Whole Foods, Inc., for the years ended December 31, 2018, and December 31, 2017. 3. What is a likely cause for the change in the rate of inventory turnover from 2017 to 2018? Print Done Pugliese Whole Foods, Inc. has the following information for the years ending December 31, 2018, and December 31, 2017 Click the icon to view the data. Read the fequiramania Requirement 1. Compute the rate of inventory tumover for Pugliese Whole Foods, Inc. for the years ended December 31, 2018, and December 31, 2017. Round the result to two decimal places Begin by selecting the formula and then enter the amounts to calculate the ratio for 2018 and 2017. (Round the rate of inventory turnover to two decimal places X30%) + Rate of inventory turnover