The Northern Company installed a new inventory management system at the beginning of Year 1. Shown below are data from the companys accounting records as reported by the new system:

	Year 1	Year 2
Sales revenue	$9,000,000	$11,000,000
Cost of goods sold	5,000,000	5,900,000
Beginning inventory	900,000	945,000
Ending inventory	945,000	1,050,000

Calculate the companys (a) inventory turnover and (b) days sales in inventory for both years. Round to two decimals. Use the rounded answers in your calculations.

	Year 1	Year 2
(a) Inventory turnover
(b) Days' sales in inventory