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can someone please explain what i did wrong? thank you! i onky have one attmept left You want to own and operate a retail business

can someone please explain what i did wrong? thank you! i onky have one attmept left image text in transcribed
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You want to own and operate a retail business and before you dive into your own retail store you decide to examine the inventory and sales of two publicly traded retailers. You were able to obtain the following summarized information for Satisfactory Goods Inc. and Money Refunded Ltd Satisfactory Goods Inc. $301,000 Money Refunded Ltd. $556,000 $752,000 Beginning Inventory January 15 2019 Ending Inventory December 31, 2019 Ending Inventory December 31, 2020 $574.000 $775,000 $815.000 $4,515.568 $1.263,735 Cost of Goods Sold December 31, 2019 $6,796,980 $3,482.418 Cost of Goods Sold December 31, 2020 Sales - 2019 $6.152.000 $3,795,000 Sales-2020 $7,380,000 $4.982,000 Your answer is correct. Calculate the gross margin and gross margin ratio. (Round gross margin ratio to 1 decimal place, e.g. 61.5%.) Satisfactory Goods Money Refunded 2019 2020 2019 2020 1636 432 $ 1.499,582 583020 2.531.265 26,6 7.9 % % %6 66.7 30.1 e Textbook and Media Your answer is correct Which of the two companies has the higher gross margin ratios? Money Refunded has the higher gross margin ratio. 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. 61.5 and days in inventory to O decimal places, e.g. 125.) Satisfactory Goods Money Refunded 2019 2020 2019 2020 14.1 X 10.9 X 5.8 6.4 26 days 34 days 63 days 57 Which of the two companies is moving inventory faster? Satisfactory Goods is moving inventory faster. eTextbook and Media

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