The operations manager at the Cullowhee Paper Manufacturing has provide the financial information comparing this year to last year. Sales Cost of Goods Sold Gross Margin Other Expenses Net Income . Finished Goods Inventory Work in Process Inventory Raw material inventory $ $ Total Assets S S $ $ $ $ Total inventory (average for year) $ Other current assets $ Other assets $ $ Last Year 375,000 241,000 134,000 62,000 72,000 7,500 14,000 9,000 30,500 125,000 213,000 368,500 This Year $ 362,000 $ 249,000 $ $ $ $ $ $ $ $ $ $ 113,000 62,000 51,000 13,000 18,000 8,000 39,000 119,000 242,000 400,000 Based on the information in the table above, answer the following questions: Based on total inventory, what was the inventory turnover for this year and last year? Has the inventory turnover improved? What was the company's percentage of assets committed to inventory for this year and last year? Was this an improvement? Explain. How many weeks of finished goods were on the hand at the end of this year and last year? Was this an improvement? Explain.