Selected year-end financial statements of McCord Corporation follow. (All sales were on credit; selected balance sheet amounts at December 31, 2010, were inventory, $32,400; total assets, $182,400; common stock, $90,000; and retained earnings, $31,300.) McCord Corporation Income Statement For Year Ended December 31, 2011. Sales - $348,600 Cost of goods sold - 229,150 Gross profit - 119,450 Operating expenses - 52,500 Interest expense - 3,100 Income before taxes - 63,850 Income taxes - 15,800 Net income - 48,050 McCord Corporation Balance Sheet December, 2011. Assets: Cash - $9,000 Short-term investments - 7,400 Accounts receivable, net - 28,200 Notes receivable (trade)* - 3,500 Merchandise inventory - 31,150 Prepaid expenses - 1,650 Plant assets, net - 152,300 Total assets - 233,200 Liabilities and Equity Accounts payable - $16,500 Accrued wages payable - 2,200 Income taxes payable - 2,300 Long-term note payable, secured by mortgage on plant assets - 62,400 Common stock - 90,000 Retained earnings - 59,800 Total liabilities and equity - $233,200 Compute the following: (1) days' sales in inventory (2) debt-to-equity ratio