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The following information is available for Bridgeport Corp. for three recent fiscal years. Inventory Net sales Cost of goods sold 2017 $554,103 1,965,543 1,572,196 2016

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The following information is available for Bridgeport Corp. for three recent fiscal years. Inventory Net sales Cost of goods sold 2017 $554,103 1,965,543 1,572,196 2016 $572,288 1,739,520 1,307,512 2015 $325,447 1,285,838 965,338 Calculate the inventory tumover, days in inventory, and gross profit rate for 2017 and 2016. (Round Inventory turnover to 1 decimal place , eg. 52 days in inventory to decimal places, eg. 125 and gross profit rate to 1 decimal place, eg, 5.2%) 2017 2016 Inventory Turnover times times Days in Inventory days days Gross Profit Rate % %6 Teythan and Me

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