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The following information is available for Blue Spruce Corp. for three recent fiscal years. 2017 2016 2015 Inventory $545,441 $570,212 $333,435 Net sales 1,953,922 1,736,880

The following information is available for Blue Spruce Corp. for three recent fiscal years.

2017

2016

2015

Inventory $545,441 $570,212 $333,435
Net sales 1,953,922 1,736,880 1,290,976
Cost of goods sold 1,564,507 1,305,533 944,111

Calculate the inventory turnover, days in inventory, and gross profit rate for 2017 and 2016. (Round inventory turnover to 1 decimal place, e.g. 5.2, days in inventory to 0 decimal places, e.g. 125 and gross profit rate to 1 decimal place, e.g. 5.2%.)

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