Could I please get answers for all the questions in this photo. I do not understand how to calculate... Thank you.

Consider the following case: Franklin Aerospace has a quick ratio of 2.00x, $27,450 in cash, $15,250 in accounts receivable, some inventory, total current assets of $61,000. and total current liabilities of $21,350. The company reported annual sales of $100,000 in the most recent annual report. over the past year, how often did Franklin Aerospace sell and replace its inventory? O 6.01 x O 2.86 x O 5.46 x O 8.01 x The inventory turnover ratio across companies in the aerospace industry is 4.64x. Based on this information, which of the following statements is true for Franklin Aerospace? O Franklin Aerospace is holding less inventory per dollar of sales compared to the indu average O Franklin Aerospace is holding more invent ory per dollar of sales compared to the indu average You are analyzing two companies that manufacture electronic Like Games Inc. and our Play Inc. Like Games was launched eight years ctoys ago, whereas our Play is a relatively new company that has been in operation for only the past two years. However, both companies have an equal market share with sales of $100,000 each. You've collected company data to compare Like Games and our Play. Last year, the average sales for all industry competitors was $255,000. As an analyst, you want to make comments on the expected performance of these two companies in the coming year. You've collected data from the companies' financial statements. This information is listed as follows: Data Collected (in dollars) Like Games Our Play Industry Average Accounts receivable 2,700 3,900 3,850 Net fixed assets 55,000 80,000 216,750 Total assets 95,000 125,000 234,600 Using this information, complete the following statements to include in your ana 1. our Play has days of sales tied up in receivables, which is much than the industry average. It takes our Play time to collect cash from its customers than it takes Like Games 2. Like Games's fixed assets turnover ratio is than that of our Play. This is because Like Games was formed eight years ago, so the n cost of its fixed assets is recorded at historic values when the compa ny bought its assets and has been depre ciated since then acquisitio Assuming that fixed assets prices (not book values) rose over the past six years due to inflation, our Play paid a amount for its fixed assets 3. The average total assets turnover in the electronic toys industry is 1 9x, which means that $1.09 of sales is being generated with every dollar of investment in assets. A total assets turnover ratio indicates greater efficiency. Both companies' total assets turnover ratios than the industry average