The financial statements of Novak Corporation for fiscal 2018 to fiscal 2020 are as follows (in thousands): ETTE Inventory Sales Gross margin Net income Fiscal 2020 $300,300 1,360,000 489,000 30,400 Fiscal Fiscal 2019 2018 $319,600 $303,700 1,343,400 1,277,700 483,000 457,000 49,400 36,300 Calculate Novak's (1) inventory turnover and (2) average days to sell inventory for each of the two years ending in 2020 and 2019. (Round inventory turnover ratio to 2 decimal places, e.g. 52.75 and average days to 0 decimal places, e.g. 527. Use 365 days for calculation.) Fiscal 2020 Fiscal 2019 (1) Inventory Turnover Ratio (2) Average days to sell inventory times per year days times per year days LINK TO TEXT Calculate Novak's gross profit percentage and percentage markup on cost for each fiscal year. (Round answers to 2 decimal places, e.g. 52.75.) Fiscal 2020 Fiscal 2019 Percentage Gross Profit Percentage Markup on Cost