Question 6 of 11 2/12 View Policies Show Attempt History Current Attempt in Progress Your answer is partially correct. The following information is available for Blossom's Activewear Inc. for three recent fiscal years. 2022 2021 2020 Inventory (12/31) $442,400 $454,400 $265,600 Net sales 1,558,400 1,380,000 1,048,800 Cost of goods sold 1,241,600 1,030,400 757,600 (a) Calculate the inventory turnover, days in inventory, and gross profit rate for 2022 and 2021. (Round inventory turnover and gross profit rate answers to 1 decimal place, e.g. 52.7 and other answers to O decimal places, e.g. 125.) 2022 2021 Inventory Turnover 3.52 times 3.03 times Days in Inventory 130 days 160 days Gross Profit Rate 0.20 % 0.25 %