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Sheridan Inc. has sales of $ 2 , 3 0 0 , 0 0 0 , a gross profit margin of 3 2 . 0

Sheridan Inc. has sales of $2,300,000, a gross profit margin of 32.0 percent, and inventory of $850,000. What are the company's inventory turnover ratio and days' sales in inventory? (Round inventory turnover ratio to 3 decimal places, e.g.12.555 and days' sales in inventory to 1 decimal place, e.g.12.5. Use 365 days for calculation.)
Inventory turnover ratio times
Days' sales in inventory days
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