Aegis Industries incorporated is the biggest snowmobile manufacturer in the world. 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. Caiculate the average days to sell inventory for 2018 and 2017 2. Did inventory turnover at Aegis improve or decline in 2018 ? 3. Calculate the 2018 gross profit percentage. 4. The main competitor for Aegis is Arctic Cat. Prior to being acquired by Fextron, 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 LCMINRV? Complete this question by entering your answers in the tabs below. Calculate the inventory turnover ratio for 2018 and 2017. (Round your answers to 1 decimal place.) 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 tumover at Aegis improve or decline in 2018 ? 3. Calculate 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 L.CM NRV? Complete this question by entering your answers in the tabs below. Calculate the average days to sell inventory for 2018 and 2017. (Use 365 days in a year. Use rounded "Inventory turnover fatio" and round your answers to 1 decimal place.) 1-6. 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. Calculate 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 30 and its gross profit percentage was 3.6 percent. Why was Arctic Cat more likely than Aegis to require a writedown for LCMiNR? Complete this question by entering your answers in the tabs below. Did inventory turnover at Aegis improve or dedine in 2018 ? Aegis Industries Incorporated is the biggest snowmobile manufacturer in the worid. It reported the following amounts in its financial. statements (in mulions); Required: 1.0. Calculate the inventory turnover ratio for 2018 and 2017. 1.b. Calculate the average days to sell ifventory for 2018 and 2017 2. Did inventory tumover at Aegis improve or decine in 2018 ? 3. Calculate 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 write. down for LCMINRV? Complete this question by entering your answers in the tabs below. Calculate the 2018 gross profit percontage. (Round your answer to 1 dedmal place.) Aegis industries incorporated is the biggest snowmobile manufacturer in the world. It reported the following amounts in its financial statements (in millions). Required: 1.0. Calculate the inventocy tuinover 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. Calculate 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. Winy was Arctic Cat more likely than Aegis to require a write. down for LCMNRV? Complete this question by entering your answers in the tabs below. The main competitor for Apgs is Arctic Cat, Prior to being acquired by Textroo, incorporated, Arctic cat reported its inventaty turnover was 3 and its gross profit percontage was 3.6 percent. Why was Arcic Cat inore likely than Aegis to requise a write: down for LCM/NAv? (Soloct al that apply.) Arctic Cat had a bigher number of days to sel than Aegh Arcie Cat had a bower goss profit percentage than Aogis. Areic Cat had a preater number of invertooy turns than Apgis
