Aegis Industries Incorporated is the biggest snowmobile manufacturer in the worid. It reported the following amounts in its financial statements (in millions): Required: 1-a. Calculate the inventory turnover ratio for 2018 and 2017. 1.b. Calculate the average days to sell inventory for 2018 and 2017. 2. Did inventory turnover at Aegis improve or decline in 2018 ? 3. Caiculate the 2018 gross profit percentage. 4. The main competitor for Aegis is Arctic Cat. Prior to being acquired by Textron, Incorporated, Arctic Cat reported its inventory turnover was 3.0 and its gross profit percentage was 3.6 percent. Why was Arctic Cat more likely than Aegis to require a writedown for LCMNRV? Calculate the inventory turnover ratio for 2018 and 2017. (Round your answers to 1 decimal place.) Calculate the average days to sell inventory for 2018 and 2017. (Use 365 days in a year. Use rounded "Inventory Turnover Ratio" and round your answers to 1 decimal place.) Calculate the 2018 gross profit percentage. (Round your answer to 1 decimal place.)