Calculate the following for both Dec 2019 and Dec 2020:

1. accounts receivable turnover
2. average collection period
3. inventory turnover
4. average days to sell inventory
5. gross margin percentage
6. earnings per share

\begin{tabular}{|l|c|c|c|c|c|c|} \hline & A & B & C & D & D \\ \hline 1 & & C\&C SPORTS & \\ \hline \end{tabular} Income Statement Horizontal Analysis \begin{tabular}{|l|l|} \hline 6 & Sales \\ \hline 7 & Cost of goods sold \\ \hline \end{tabular} 8 Gross profit 9 Selling and administrative expenses 10 Operating income 11 Interest expense 12 Income before taxes 13 Tax expense (30\%) 14 Net income