The following data are taken from the financial statements:

	Current Year	Preceding Year
Sales	$3,600,000	$4,000,000
Cost of goods sold	2,000,000	2,700,000
Average inventory	372,000	352,000
Inventory, end of year	372,000	347,000

Determine for each year (1) the inventory turnover and (2) the number of days' sales in inventory.

1. The inventory turnover: (If required, round your answers to one decimal place.)

Current Year

Preceding Year

2. The number of days' sales in inventory: Assume a 365-day year. (Round your answers to two decimal places.)

Current Year days

Preceding Year days