Use the following information:

Net sales	$	250,000
Cost of goods sold		180,000
Beginning inventory		55,000
Ending inventory		45,000

a. Calculate the inventory turnover ratio. (Round your answer to 1 decimal place.)

b. Calculate the average days in inventory. (Assume 365 days in a year. Round your intermediate calculations and final answer to 1 decimal place.)

c. Calculate the gross profit ratio.