The following data were extracted from the income statement of Keever Inc.: Current Year Previous Year Sales Beginning inventories Cost of goods sold Ending inventories $1,474,600 80,358 737,300 72,758 $1,537,400 79,680 854,100 80,358 a. Determine for each year (1) the inventory turnover and (2) the number of days' sales in inventory. Round interim calculations to the nearest dollar and the final answers to one decimal place. Assume 365 days a year. Current Year Previous Year 1. Inventory turnover 2. Number of days' sales in inventory 9.6 10.7 V days days b. The inventory position of the business has deteriorated The inventory turnover has decreased while the number of days' sales in inventory has increased