Question Calm Day reported the following income statement for the year ended December 31, 2025: (Click the icon to view the income statement.) Requirements 1. Compute Calm Day's inventory turnover rate for the year. (Round to two decimal places.) 2. Compute Calm Day's days' sales in inventory for the year. (Round to two decimal places.) Requirement 1. Compute Calm Day's inventory turnover rate for the year. (Round to two decimal places.) Select the labels and enter the amounts to compute the inventory turnover rate. (Round your answer to two decimal places, XXX) Cost of Goods Sold Average Merchandise Inventory Inventory turnover 58800 times Requirement 2. Compute Calm Day's days' sales in inventory for the year. (Round to two decimal places.) Select the labels and enter the amounts to compute the days' sales in inventory for the year. (Enter all amounts to two decimal places, XX 365 days Inventory turnover Days' sales in inventory 365 days