Foster & Kelly was tounded with the mission of filing every home with music. The company reported the folowing amounts in its financiai statenents (in millionis) 2018 Net Sales Cost of doods sola...

Extracted text: Foster & Kelly was tounded with the mission of filing every home with music. The company reported the folowing amounts in its financiai statenents (in millionis) 2018 Net Sales Cost of doods sola heglaning Tnventery teding Teventory $4,800 3,700 470 2017 $ 4,860 3,610 430 470 Required: 1. Determine the inventory tumover ratio and average days to sell inventory for 2018 and 2017, (Use 365 deys in o year. Round your Intermediete and finel answers to 1 decimal place.) 2018 2017 Inventory Turnover Ratio Smes per year times per yer Days to Sell days days