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This information is available for Flounder Inc. for 2021 and 2022. (in millions) 2021 2022 Beginning inventory $2,275 $2,52 Ending inventory 2.521 2,702 Cost

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This information is available for Flounder Inc. for 2021 and 2022. (in millions) 2021 2022 Beginning inventory $2,275 $2,52 Ending inventory 2.521 2,702 Cost of goods sold 24,556 23,455 Sales 43,292 42,386 Calculate the inventory turnover, days in inventory, and gross profit rate for Flounder Inc. for 2021 and 2022. (Round gross profit rate to 2 decimal places, eg. 0.25 and all other answers to 1 decimal place, eg. 15.2. Use 365 days for calculation.) 2021 inventory turnover ratio Days in inventory times days 2022 times days

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