Question 4 --/1 View Policies Current Attempt in Progress The following information is available for Shamrock, Inc. for three recent fiscal years. 2017 $555,239 $561,018 $327,386 1,971,699 1694,130 1.308.269 2016 2015 Inventory Net sales Cost of goods sold 1,537,243 1.266,607 949,086 Calculate the inventory turnover, days in inventory, and gross profit rate for 2017 and 2016.(Round inventory turnover to 1 decimal place, eg. 5.2, days in inventory to 0 decimal places, e.g. 125 and gross profit rate to 1 decimal place, es. 5.2 %) 2017 2016 Inventory Turnover times times Days in Inventory days days Gross Profit Rate % % eTextbook and Media Attempts: 0 of 5 used Save for Later Submit Answer Send to Gradebook