(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 your work. Label key numbers used in calculations. Summarize your findings.

EX 17-11 Inventory analysis The following data were extracted from the income statement of Keever Previous Year $20,000,000 860,000 10,800,000 940,000 Current Year $18,500,000 940,000 9,270,000 1120,000 Sales Beginning inventories Cost of goods sold Ending inventories