Chart 1 ABC Group 123 Company Beginning accounts receivable; $75,000 $92,000 Ending accounts receivable $125,000 $123,000 Net credit sales $324,000 $401,000 Chart 2 Balance Sheet Year 1 Income Statement Year 1 Balance Sheet Year 2 Income Statement Year 2 $29,000 $10,826 Beginning Inventory Purchases $10,000 $7,435 Goods Available for Sale $39,000 $18,261 $10,826 $5,980 Ending Inventory Cost of Goods Sold $28,174 $10,826 Please complete the following tasks: 1. Complete each of the calculations listed below (A -). A. (Use Chart 1) You are an investor looking to contribute financially to either the ABC Group or the 123 Company. Based on the information provided: o Compute the accounts receivable turnover ratio. o Compute the number of days' sales in receivables ratio for both ABC Group and 123 Company (round all answers to two decimal places). o Interpret the outcomes, stating which company you would invest in and why. B. (Use Chart 2) Compute the inventory turnover ratio. o Interpret the outcomes C. (Use Chart 2) Compute the number of days' sales in inventory ratio. o Interpret the outcomes 2. Interpret the outcomes for each of the calculations performed using chart 1 and chart 2 (A-2)