4&5 answer please

Wse the following information fo answer qmestions ng and as belon: Anita Lupino is planning to open her own toy and game shwp. She has conducted a grean deal of research at the local library, contacted the industry trade association, and has set up in meeting with a consuliant at the SBDC next weck, Before she goes to the SBDC, she wants to sketch oun an estimated income statement. She reviews the following datu from RMA's Annual Sukement Studies: 3) If Anita's research suggests that she can expect net sales of $475,000, what net profit could NetPeofit on Sales =/$475,000 she expeet? 4) If Anita's net profit target is $32,000, what level of net sales must she achieve? 5) Sarah's Smart Shop has an inventory turnover ratio of 3 times per year and an average inventory of $156,000. If Sarah could manage her inventory better and increase the number of turnovers to the industry average of 6 times per year, what average inventory would she need to generate the same level of sales