ABC reports annual sales of $ 5 million, annual cost of goods sold of $ 2 million, inventory of $ 0.5 million, and net income of $ 0.75 million. What is ABC's annual inventory turns ? Show all formulas used, calculation and results.

XYZ reports annual sales of $ 5 million, annual cost of goods sold of $ 3 million, inventory of $ 0.5 million, and net income of $ 0.75 million. What is the months of supply of inventory ? Show all formulas used, calculations and results.