The following data were extracted from the income statement of Boston Solutions, Inc.
2010 2009
Sales $1,139,600 $1,192,320
Beginning inventories 80,000 64,000
Cost of goods sold 500,800 606,000
Ending inventories 72,000 80,000

Required:

(1) Determine for each year:

a. The inventory turnover; and

b. The number of days' sales in inventory. Round to nearest dollar and one decimal place.

(2) What conclusions can be drawn from these data concerning the inventories?