Use the following information:

Net sales

$$170,000$

Cost of goods sold

$116,000$

Beginning inventory

$39,000$

Ending inventory

$29,000$

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.

Required b

Required c

Calculate the gross profit ratio. $($Round your answer to $2$ decimal places.$)$

Gross profit ratio

$\%$