The following information pertains to two competitors, Mostly Inc. and Hardly Ltd. Company Mostly Inc. Hardly Ltd. Beginning Inventory $167,000 $523,000 Ending Inventory $255,000 $614,000 Cost of Goods Sold $951,080 $1,761,222 Mostly Inc. reported sales revenues of $1,240,000 and Hardly Ltd. reported sales revenues of $2,693,000. (a) Your answer is incorrect. Calculate the inventory turnover ratio for Mostly and Hardly. (Round answers to 1 decimal place, eg. 10.5.) Mostly Inc. Hardly Ltd. Inventory turnover ratio times times