ter 7 Homework Saved Help Save & Exit Submit Check my work 6 PA7-3 Calculating and Interpreting the Inventory Turnover Ratio and Days to Sell [LO 7-5) Haymitch Global Industries is a world leading producer of loudspeakers and other electronics products, which are sold under brand names like JRH, Excelsior, and Haymitch/Krug. The company reported the following amounts in its financial statements in millions): ts eBook Net Sales Cost of Goods Sold Beginning Inventory Ending Inventory 2016 $6,000 4,900 550 660 2015 $6,060 4,700 470 Print 550 eferences Required: 1. Determine the Inventory turnover ratio and average days to sell inventory for 2016 and 2015. (Use 365 days in a year. Round your intermediate and final answers to 1 decimal place.) 2016 times per year days 2015 times per year days Inventory Turnover Ratio Days to Sell Next 6 of 6