(a) Vertically analyze the financial data (current year only) in Exercise 17-11. (b) Calculate how long it took Keever Inc. to sell its inventory (current year only). Show and briefly explain your work.

EX 17-11 nventory analysis The following data were extracted from the income statement of Keever Inc.: OBJ. 3 r, Sales Beginning inventories Cost of goods sold Ending inventories Current Year $18,500,000 940,000 9,270,000 1,120,000 Previous Year $20,000,000 860,000 10,800,000 940,000