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QUESTION 1 What is the inventory turns for last year if Sales were 970,540, COGS were 730,200, and Ending Inventory was 118,590 for last year,

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QUESTION 1 What is the inventory turns for last year if Sales were 970,540, COGS were 730,200, and Ending Inventory was 118,590 for last year, and Sales were 890,400, COGS were 669,925, and Ending Inventory was 108,600 for the year before that? (Submit answer with two decimal places. For example, if your answer is 10.0778, you would submit 10.08) QUESTION 2 What is the GMRON for last year if Sales were 970,540, COGS were 730 200, and Ending Inventory was 118,590 for last year, and Sales were 890.400, COGS were 669,925, and Ending Inventory was 108,600 for the year before that? (GMAOI is usually expresses as a percentage, but submit your answer as a non percentage. For example, if you calculate the GMROI to equal 3.25. that could be expresses as 325% or 3.25. For the answer here, submit in the form of the 3.25 and round to two decimal places. (Submit answer with two decimal places. For example, if your answer is 4.0778, you would submit 4.08)

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