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The following information is available for Gildan Activewear Inc., headquartered in Montreal, for three recent fiscal years (in U.S. $ thousands): 2018 2017 2016 Inventory

The following information is available for Gildan Activewear Inc., headquartered in Montreal, for three recent fiscal years (in U.S. $ thousands):

2018 2017 2016
Inventory $ 940,029 $ 945,738 $ 954,876
Sales 2,908,565 2,750,816 2,585,070
Cost of goods sold 2,102,612 1,949,597 1,865,367

(a)

Calculate the inventory turnover, days in inventory, and gross profit margin for 2018 and 2017. (Round inventory turnover and gross profit margin to 1 decimal place, e.g. 15.2 or 15.2%. Round days in inventory to nearest day. Use 365 days for calculation.)

Inventory Turnover Days In Inventory Gross Profit Margin
2018 enter number of times rounded to 1 decimal place times enter days rounded to 0 decimal places days enter percentages rounded to 1 decimal place %
2017 enter number of times rounded to 1 decimal place times enter days rounded to 0 decimal places days enter percentages rounded to 1 decimal place %

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