calculate the following ratiors from years 2021-2024

only 2022-2024 sorry

Allen Avenue Tire Compary has been operating in Winnipeg for more than 30 years and has a veryloyal customer base The company sells and installs tires and the owners pride themselves on the excellent business relationships they have developed with both their customers and suppliers. The company often sells tires on credit, allowing customers to pay their balances within 30 days. Collection of accounts recelvable has never been a problem with most people paying their balances within 60 days. Allen Avenue purchases tires from most of the large national brands and, due to the nature of the business, generally maintains a fairly large imventory. It is essential that the company have the necessary tires on hand to meet customer needs due to increased competition from large retailers such as Canadian Tire and Walmart. The company has always had sufficient cash to pay its suppliers immediately and take advantage of cash discounts. However, this month, for the first time ever. Allen Avenue does not havesufficient cash in the bank to meet its supplier payments. Chris Allen, son of the original owner, Ernest Allen, is currently operating the business and is very concemed about the company/s inability to maintain what he feels are adequatelevels of cash. Your firm has been the accountants for Allen Avenue Tire Company for the past 20 years. Chris has approached the firm expressing his concerns and asking for advice on how to solve the cash flow problems. As part of your analysis, you review the company's financial statements for the past three years. Excerpts from the financial statements are presented below. During 2024, credit sales and cost of goods sold were $202,300 and $121,110 respectw.y. The 2023 and 2022 credit sales were $220,440 and $222,560, respectively, and the cost of goods sold for the same periods were $117,000 and $120,595, respectively. The accounts recelvable and inventory bai ances at the end of 2021 were $10100 and 5125,000 , respectively. (a1) Using the above data, calculate the following ratios: (Round receivables turnover ratio and average collection period to 1 decimal, 15.2 days to sell inventory to 0 decimal ploces, es. 152 and all other answers to 2 decimal ploces, eg. 15.25. Use 365 days for calcul