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 2012 2013 2014 2015 $4,600 $4,060 $3,390 $2,970 3,890 3,430 2,930 2,570 460 410 350 340 Average Inventory 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 (53.7 days to sell). Both companies use the same Inventory costing method (FIFO)