The following data were taken from the income statements of Mydorf Company.

____________________________________20172016

Sales revenue .................................$6,420,000.............$6,240,000

Beginning inventory..............................960,000.................840,000

Purchases........................................4,840,000...............4,661,000

Ending inventory...............................1,020,000.................960,000

Compute for each year

(a) The inventory turnover and

(b) Days in inventory. What conclusions concerning the management of the inventory can be drawn from these data?