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Use the following information: a. Calculate the inventory turnover ratio. b. Calculate the average days in inventory. c. Calculate the gross profit ratio. Complete this

image text in transcribedimage text in transcribedimage text in transcribed Use the following information: a. Calculate the inventory turnover ratio. b. Calculate the average days in inventory. c. Calculate the gross profit ratio. Complete this question by entering your answers in the tabs below. Calculate the inventory turnover ratio. Note: Round your answer to 1 decimal place. Calculate the average days in inventory. Note: Assume 365 days in a year. Round your intermediate calculations and final answer to 1 decimal place. Calculate the gross profit ratio. Note: Round your answer to 2 decimal places

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