Problem 3-4 Calculating Inventory Turnover (LO 2] A7X Corporation has ending inventory of $722,073 and cost of goods sold for the year just ended was $5,765,312. a. What is the inventory turnover? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) b. What is the days' sales in inventory? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) C. How long on average did a unit of inventory sit on the shelf before it was sold? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) Inventory turnover b. Days' sales in inventory c. Days on the shelf times days days