EX6#14-Ratio Analysis. Using the following data, calculate the Inventory Turnover, Days in Inventory, and Gross Profit Rate to 1 decimal place for fiscal years 2018 and 2017. Fiscal Year December 31, Inventory Net Sales Cost of Goods Sold $ $ $ 2018 2017 553,000 $ 568,000$ 1,948,000 $1,725,000 $ 1,552,000 $1,288,000 S 2016 332,000 1,311,000 947.000 31-Dec-2018 31-Dec-2017 Worksheet: Fiscal Year-Ended Inventory Turnover Days In Inventory - Gross Profit Rate