Problem $3-2$ Asset Management Ratios $($LG$3-2)$

Tater and Pepper Corporation reported sales of $$38$ million. Tater and Pepper listed $$7\mathrm{.}1$ million of inventory on its balance sheet.

Using a $365-$day year, how many days did Tater and Pepper's inventory stay on the premises? How many times per year did Tater and

Pepper's inventory turn over?

Note: Round your answers to $2$ decimal places.