Problem $4-15$ Inventory Turnover $($LO$3)$

Assume a firm's inventory level of $$13,500$ represents $37$ days' sales.

Required:

a$.$ What is the annual cost of goods sold?

Note: Use $365$ days in a year. Do not round intermediate calculations. Round your answ

b$.$ What is the inventory turnover ratio?

Note: Round your answer to $2$ decimal places.

Answer is complete but not entirely correct.

$\backslash$table$[[$a$.$ Annual cost of goods sold,$$,133,175,],[$b$.$ Inventory turnover ratio,$9\mathrm{.}86,\backslash$table$[[$times per$],[$year$]]]]$