Question 4 of 5 View Policies Current Attempt in Progress The following information is available for Bridgeport Corp. for three recent fiscal years. Inventory Net sales 2017 2016 2015 $554,103 $572,288 $325.447 1,965,543 1,739,520 1,285,838 965,338 -/3.25 E !!! Cost of goods sold 1.572.196 1.307,512 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 O decimal places, eg. 125 and gross profit rate to 1 decimal place, eg. 5.2%) Inventory Turnover Days in Inventory Gross Profit Rate eTextbook and Media Save for Later 2017 times days 2016 times days % % Attempts: 0 of 5 used Submit Answer