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Current Attempt in Progress The following information pertains to two competitors, Superior Inc. and Michigan Corp. Superior Inc Michigan Corp Benin Inventory Ending Inventory $177,000 $ 151,000 $ 418,000 $461,000 Cost of Goods Sold $1.238,535 $2.253,616 Superior Inc reported sales revenues of $1.619,000, and Michigan Corp. reported sales revenue of $3,394,000. Calculate the inventory turnover ratio for Superior and Michigan (Round answers to 1 decimal place, es 10.5.) Superior Milano times times Inventory turnover ratio Laculate the gross margin and gross margin ratio for Superior and Michigan, (Round gross margin ratio to 1 decimal place, es 10.5%) Superlaine Michigan Com Gross margin $ Gross margin ratio % e Textbook and Media Question Part Score -/50 On the basis of inventory turnover, which company is moving its inventory faster? moves its inventory faster