3 CLO2: The following is data extracted from the balance sheets of DevSpace and Mark Teck. Accounts DevSpace Cash 1,680,000 Accounts receivables 300,000 Inventory 610,000 Total Assets 3,850,000 MarkTeck 2,080,000 420,00 820,000 3,200,000 0 out of 10 points Using the common-size balance sheet approach, analyse the data and state which of the companies has less inventory that is yet to be converted into cash, and state your reasons. Note: Show your calculations step by step. Question 3 CLO2: The following is data extracted from the balance sheets of DevSpace and Mark Teck. Accounts DevSpace Cash 1,680,000 Accounts receivables 300,000 Inventory 610,000 Total Assets 3,850,000 MarkTeck 2,080,000 420,00 820,000 3,200,000 0 out of 10 points Using the common-size balance sheet approach, analyse the data and state which of the companies has less inventory that is yet to be converted into cash, and state your reasons. Note: Show your calculations step by step. Question 3 CLO2: The following is data extracted from the balance sheets of DevSpace and Mark Teck. Accounts DevSpace Cash 1,680,000 Accounts receivables 300,000 Inventory 610,000 Total Assets 3,850,000 MarkTeck 2,080,000 420,00 820,000 3,200,000 0 out of 10 points Using the common-size balance sheet approach, analyse the data and state which of the companies has less inventory that is yet to be converted into cash, and state your reasons. Note: Show your calculations step by step