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Sunland Company reported the following information for a three-year period: 2021 2020 2019 Ending inventory $19,000 $29,000 $33,000 Sales 140,000 148,000 114,000 Cost of
Sunland Company reported the following information for a three-year period: 2021 2020 2019 Ending inventory $19,000 $29,000 $33,000 Sales 140,000 148,000 114,000 Cost of goods sold Profit 50,400 53,280 41,040 26,000 42,000 41,000 E Calculate the inventory turnover, days sales in inventory, and gross profit margin for 2021 and 2020. (Round number of days answers to O decimal places, e.g. 52. Round other answers to 2 decimal places, e.g. 52.75. Use 365 days for calculation.) Inventory turnover Days sales in inventory Gross profit margin 2021 2020 times days % times days
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