The following information is available for Gildan Activewear Inc., headquartered in Montreal, for three recent fiscal years (in US. $ thousands) 2016 2014 2015 Inventory 851,033 $779,407 $595.794 Net sales 2,959,238 2,359,994 2.284,303 Cost of goods sold 2,229,130 1701,311 1,550,266 Part 1 Calculate the inventory turnover, days in inventory.and gross profit margin for 2016 and 2015, (Round inventory turnover and current ratio to 1 decimal place, eg. 15.2. Round days in inventory to nearest day. Use 365 days for calculation.) Gross Profht Margin Days In Inventory Inventory Turnover days 2016 times days 2015 times Part 2 Based on the ratios calculated in part (a), did Gildan's liquidity and profitability improve or deteriorate in 2016? Liquidity is Profitability is