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This information is available for Bramble Corp. for 2018, 2019, and 2020. 2018 2019 2020 Beginning inventory $ 115,000 $ 314,500 $ 411,500 Ending inventory

This information is available for Bramble Corp. for 2018, 2019, and 2020.

2018

2019

2020

Beginning inventory $ 115,000 $ 314,500 $ 411,500
Ending inventory 314,500 411,500 477,000
Cost of goods sold 901,000 1,126,000 1,301,000
Sales revenue 1,208,000 1,599,500 1,892,500

a) Calculate inventory turnover for Bramble Corp. for 2018, 2019, and 2020. (Round answers to 2 decimal places, e.g. 1.52.)

b) Calculate days in inventory for Bramble Corp. for 2018, 2019, and 2020. (Round answers to 1 decimal place, e.g. 1.5. Use 365 days for calculation)

c) Calculate gross profit rate for Bramble Corp. for 2018, 2019, and 2020. (Round answers to 0 decimal places, e.g. 125%)

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