6 Aegis Industries Inc. is the biggest snowmobile manufacturer in the world. It reported the following amounts in its financial statements in millions Net sales Revenue Cost of Goods Sold Average Inventory 2011 2014 34,600 14,0 53,390 52,978 3,090 3.40 2.930 2,579 460 150 Required: 1-a. Calculate the inventory turnover ratio for 2015, 2014, and 2013 1-b. Calculate the average days to sell inventory for 2015, 2014 and 2013 2. Is Aegis performing better than its competitor Snow Pack Corporation where the inventory turned over is 6 8 times in 2015 (537 days to sell Both companies use the same inventory costing method (PFO) Complete this question by entering your answers in the tabs below. Reg 1A Reg 2 Calculate the inventory turnover ratio for 2015, 2014, and 2013. (Round your answers to decima place Times per Year 2014 2015 2013 my Turnover Hag 10 > Aegis Industries Inc, is the biggest snowmobile manufacturer in the world. It reported the following amounts in its financial statements (in millions) Net Sales Revenue Cast of Goods Sold Average Inventory 2012 2013 2014 2015 $4,600 $4,060 $3,390 52,970 3,090 3,430 2.930 2,570 460 410 350 340 ed Required: 1-a. Calculate the inventory turnover ratio for 2015, 2014, and 2013 1-b. Calculate the average days to sell inventory for 2015, 2014, and 2013 2 is Aegis performing better than its competitor Snow Pack Corporation where the inventory turned over is 6 8 times in 2015 (537 days to sell). Both companies use the same inventory costing method (FIFO) OR Complete this question by entering your answers in the tabs below. Reg 1A Rafa 10 Reg 2 Calculate the average days to sell Inventory for 2015, 2014, and 2013. (Use 365 days in a year. Use rounded "Inventory Turnover Ratio" and round your answers to 1 decimal place.) Days 2015 2014 2013 Average Days to Sell Inventory Aegis Industries Inc., is the biggest snowmobile manufacturer in the world. It reported the following amounts in its financial statement (in millions) Net Sales Revenue Cost of Goods Sold Average Inventory 2012 2013 2014 2015 $4,600 $4,060 $3,390 32,970 3,899 3,430 2,93e 2,570 469 410 340 Required: 1-0. Calculate the inventory turnover ratio for 2015 2014, and 2013 1-b. Calculate the average days to sell Inventory for 2015, 2014, and 2013 2. Is Aegis performing better than its competitor Snow Pack Corporation where the inventory turned over is 6 8 times in 2015 (53.7 days to sell). Both companies use the same inventory costing method (FIFO) Complete this question by entering your answers in the tabs below. Req IA Reg 18 Reg 2 Is Aegis performing better than its competitor Snow Pack Corporation where the inventory turned over is 6.8 times in 2015 (53.7 days to sell). Both companies use the same inventory costing method (FIFO). Ores ONO