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Exercise 14.11 (Algo) Ratios for a Retail Store (LO14-7) Selected finencial data for Quick Sell, inc, a retail store, appear as follows. a-1. Compute the

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Exercise 14.11 (Algo) Ratios for a Retail Store (LO14-7) Selected finencial data for Quick Sell, inc, a retail store, appear as follows. a-1. Compute the gross prof t percentage for both years. (Round your percentage answers as 12%.) a-2. Compute the inventory turnover for both years. (Round your answers to 1 decimal plac a-3. Compute the accounts receivable tumover for both years. (Round your answers to 1 de b. Which of the following show a positve or negutive trend

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