Q16 ABC Company showed the following selected information for the years ended Dec

31, 2017, 2016, and 2015.

2017 2016 2015

Cost of goods sold 520,180 480,450 360,700

Ending Inventory 52,300 46,700 32,500

For the years ended 2017and 2016, calculate:

a. Inventory turnover

b. Day's sales in inventory