The following information is available for Sunland's Activewear Inc. for three recent fiscal years. Inventory 2025 2024 2023 $550,000 $566,000 $346,000 Net sales 1,860,000 Cost of goods sold 1,116,000 1,800,000 1,365,000 957,600 948,000 (a) Calculate the inventory turnover, days in inventory, and gross profit rate for 2025 and 2024. (Round inventory turnover to 1 decimal place, e.g. 5.2, days in inventory to O decimal places, e.g. 125 and gross profit rate to 1 decimal place, e.g. 5.2%) Inventory turnover Days in inventory Gross profit rate eTextbook and Media Save for Later 2025 times days % 2024 times days % Attempts: 1 of 3 used Submit Answer