Current Attempt in Progress Windsor Merchants reported the following on its income statement for the fiscal year ended December 31, 2021 and 2020. 2021 2020 $475,590 Sales $495,060 Cost of goods sold 145,980 154,124 Beginning inventory Net purchases Ending inventory 346,590 322,960 (138,974) (145,980) Cost of goods sold 353,596 331,104 Gross profit 141.464 144,486 Operating expenses 87,568 89,168 Profit $53,896 $55,318 (a) Calculate the inventory turnover ratio for Windsor for 2021 and 2020. (Round answers to 2 decimal places, eg. 52.75.) 2 2021 2020 Inventory turnover times times