Spritzer Company made sales of $$36,550$ million during $2021.$ Cost of goods sold for the year totaled $$14,620$ million. At the end of $2020,$ Spritzer's inventory stood at $$1,500$ million, and Spritzer ended $2021$ with inventory of $$1,900$ million.

Compute Spritzer's gross profit percentage and rate of inventory turnover for $2021.$

Begin by computing Spritzer's gross profit percentage for $2021.($Round your answer to the nearest tenth of a percent, X$.$X$\%.)$

Spritzer's gross profit percentage for $2021$ is

$\%.$

Now compute Spritzer's rate of inventory turnover for $2021.($Round your answer to one decimal place.$)$

Spritzer's rate of inventory turnover for $2021$ is

times.