Accel's Companies, a home improvement store chain, reported the following summarized figures: III (Click the foon to view the income statemsent.) (Click the icon to viow the balance shoets.) Accers has 10,000 common shares outstanding during 2024. Read the Requirement L. Compute days saies in recervabies dunng Lu4. Houno intermodate caiculatons to threo docimal places Assume all saies were on account. (Round intermediate calculations to thee decimal places, X XX and round your final answer to the neareat whole day) Days' sales in avorage receivabios = Requirement 3. What do these ratios say aboul Accers Companios' ability to sell invontory and collect rocowables? (Assume the lollowing industry averages; inventory tumover =4.4, days's sales in inventory = 82 days, gross profit percentage =24.7%5 and days' sales in averago recekvablos =8.17 days.) Accers Companios' have a high amount of imvontory on hand and a imvontory turnover ratio. This could be an area to look at and compare to the prior yeat and industry average. They have a gross proff porcentage, which is a roceivables seems but this would depend on the Accel's Companies' have a high amount of inventory on hand and a inventory turnover ratio. This could be an area to look at and compare to the prior year and industry average. Thoy have a gross profit The amount of time it takes to collect receivables seems but this would depend on the high low industry averages; inventory turnover =4.4, days' high ability to sell inventory and collect receivables? (Assume the following Requirement 3. What do these ratios say about A recelvables =8.17 days.) low Accel's Companies' have a high amount of invents 13 inventory turnover ratio. This could be an area to look at and compare to the prior year and industry average. They have a gross profit percentage, which is a The amount of time it takes to collect receivables seems but this would depend on the Requirement 3. What do these ratios say about Accol's Companies' ability to sell inventory industry averages; inventory turnover =4.4, days's sales in inventory =82 days, gross profit bad indicator. issume the following receivables =8.17 days . Accel's Companies' have a high amount of inventory on hand and a rea to look at and compare to the prior year and industry average. They have a gross profit percentage, which is a receivables seems but this would depend on the industry averages; 1r=4,4, days's sales in inventory =82 days, gross profit percentage =24,7% and days' sales in average recelvables =8.17 Accel's Companies' yunt of inventory on hand and a imventory turnover ratio. This couild be an area to look at and compare to the prior year and ir They have a gross profit percentage, which is a The amount of time it takes to colloct but this would depend on the Requirement 3. What do these ratios say about Accel's ( accounting policy. tory and collect receivables? (Assume the following industry averages; inventory tumover =4.4, days's sales profit percentage =24.7% and days' sales in average recervables =8.17 days. credit terms. Accel's Companies' have a high amount of inventory on t ifnovor ratio. This could be an area to look at and compare to tax regulations. the prior year and industry average. They have a is a The amount of time it takes to collect receivables seems but this would depend on the Accel's Companies, a home improvement store chain, reported the following summarized figures: III (Click the foon to view the income statemsent.) (Click the icon to viow the balance shoets.) Accers has 10,000 common shares outstanding during 2024. Read the Requirement L. Compute days saies in recervabies dunng Lu4. Houno intermodate caiculatons to threo docimal places Assume all saies were on account. (Round intermediate calculations to thee decimal places, X XX and round your final answer to the neareat whole day) Days' sales in avorage receivabios = Requirement 3. What do these ratios say aboul Accers Companios' ability to sell invontory and collect rocowables? (Assume the lollowing industry averages; inventory tumover =4.4, days's sales in inventory = 82 days, gross profit percentage =24.7%5 and days' sales in averago recekvablos =8.17 days.) Accers Companios' have a high amount of imvontory on hand and a imvontory turnover ratio. This could be an area to look at and compare to the prior yeat and industry average. They have a gross proff porcentage, which is a roceivables seems but this would depend on the Accel's Companies' have a high amount of inventory on hand and a inventory turnover ratio. This could be an area to look at and compare to the prior year and industry average. Thoy have a gross profit The amount of time it takes to collect receivables seems but this would depend on the high low industry averages; inventory turnover =4.4, days' high ability to sell inventory and collect receivables? (Assume the following Requirement 3. What do these ratios say about A recelvables =8.17 days.) low Accel's Companies' have a high amount of invents 13 inventory turnover ratio. This could be an area to look at and compare to the prior year and industry average. They have a gross profit percentage, which is a The amount of time it takes to collect receivables seems but this would depend on the Requirement 3. What do these ratios say about Accol's Companies' ability to sell inventory industry averages; inventory turnover =4.4, days's sales in inventory =82 days, gross profit bad indicator. issume the following receivables =8.17 days . Accel's Companies' have a high amount of inventory on hand and a rea to look at and compare to the prior year and industry average. They have a gross profit percentage, which is a receivables seems but this would depend on the industry averages; 1r=4,4, days's sales in inventory =82 days, gross profit percentage =24,7% and days' sales in average recelvables =8.17 Accel's Companies' yunt of inventory on hand and a imventory turnover ratio. This couild be an area to look at and compare to the prior year and ir They have a gross profit percentage, which is a The amount of time it takes to colloct but this would depend on the Requirement 3. What do these ratios say about Accel's ( accounting policy. tory and collect receivables? (Assume the following industry averages; inventory tumover =4.4, days's sales profit percentage =24.7% and days' sales in average recervables =8.17 days. credit terms. Accel's Companies' have a high amount of inventory on t ifnovor ratio. This could be an area to look at and compare to tax regulations. the prior year and industry average. They have a is a The amount of time it takes to collect receivables seems but this would depend on the