$($c$)$

Calculate the inventory turnover ratio and days to sell inventory ratio for the two companies for two years. $($Round inventory

turnover ratio to $1$ decimal place, e$.$g$.61\mathrm{.}5$ and days in inventory to $0$ decimal places, e$.$g$.125.$ Use $365$ days for calculation.$)$

Which of the two companies is moving inventory faster?

is moving inventory faster.Current Attempt in Progress

The following information was taken from the accounting records of Bramble Ltd$.$ and Crane Ltd$.$ at October $31,2024.$ The two

companies are competitors.

$($a$)$

Calculate the gross margin, gross margin ratio, and inventory turnover ratio at October $31,2024,$ for:

i$.$ Bramble Ltd$.$

ii$.$ Crane Ltd$.$

$($Round gross margin ratio and inventory turnover ratio to $1$ decimal place, e$.$g$.15\mathrm{.}2\%$ or $10\mathrm{.}1.)$