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This information is available for Ayayai Inc. for 2021 and 2022. (in millions) 2021 2022 $2,366 $2,582 Beginning inventory Ending inventory Cost of goods sold
This information is available for Ayayai Inc. for 2021 and 2022. (in millions) 2021 2022 $2,366 $2,582 Beginning inventory Ending inventory Cost of goods sold 2,582 2.975 24,642 23,463 Sales 43,394 42,866 Calculate the inventory turnover, days in inventory, and gross profit rate for Ayayai Inc. for 2021 and 2022. (Round gross profit rate to 2 decimal places, e.g. 0.25 and all other answers to 1 decimal place, e.g. 15.2. Use 365 days for calculation.) 2021 2022 Inventory turnover ratio times times Days in inventory days days Gross profit rate
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