The King Corporation has ending inventory of $386,735, and cost of goods sold for the year just ended was $4,981,315.
a.	What is the inventory turnover? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)
b.	What is the days' sales in inventory? (Use 365 days a year. Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)
c.	How long on average did a unit of inventory sit on the shelf before it was sold? (Use 365 days a year. Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)

a.	Inventory turnover		times
b.	Days' sales in inventory		days
c.	Inventory days on shelf		days