eyplus.com/edugen/lti/main.uni Return to Blackboard Assessment to accompany Carlon, Financial Accounting: Blackboard: Edith Cowan University: A: Reporting, Analysis and Decision Making, 6e Re me: 09:14 PM / Remaining: 41 min. End of Chapter Exercise 5.9 The following information is available for B) Electronics Ltd for 2015, 2016 and 2017. Beginning inventory Ending inventory Cost of sales Sales 2015 2016 $'000 000 $'000 000 1,036 838 838 792 8,827 8,495 20,447 22,855 2017 $'000 000 792 1,042 8,920 24,470 Required Calculate the inventory turnover ratio, days in inventory and gross profit ratio (from chapter 4) for B) Electronics Ltd for 2015, 2016 and 2017 (Round inventory turnover ratio to 2 decimal places, c.9.9.16, days in inventory to 1 decimal place, 6.9. 40.3 and gross profit ratio BJ Electronics Ltd 2015 2016 2017 Inventory turnover ratio Days in inventory days days days Gross profit ratio Click if you would like to Show Work for this question: Open Show Work Question Al eyplus.com/edugen/lti/main.uni Return to Blackboard Assessment to accompany Carlon, Financial Accounting: Blackboard: Edith Cowan University: A: Reporting, Analysis and Decision Making, 6e Re me: 09:14 PM / Remaining: 41 min. End of Chapter Exercise 5.9 The following information is available for B) Electronics Ltd for 2015, 2016 and 2017. Beginning inventory Ending inventory Cost of sales Sales 2015 2016 $'000 000 $'000 000 1,036 838 838 792 8,827 8,495 20,447 22,855 2017 $'000 000 792 1,042 8,920 24,470 Required Calculate the inventory turnover ratio, days in inventory and gross profit ratio (from chapter 4) for B) Electronics Ltd for 2015, 2016 and 2017 (Round inventory turnover ratio to 2 decimal places, c.9.9.16, days in inventory to 1 decimal place, 6.9. 40.3 and gross profit ratio BJ Electronics Ltd 2015 2016 2017 Inventory turnover ratio Days in inventory days days days Gross profit ratio Click if you would like to Show Work for this question: Open Show Work Question Al