..ll Globe 10:09 AM 59% my.uopeople.edu e Learning Journal is a space where you should reflect what was learned during the week and how it applies to your daily life and will help you with your life (career) goals. For this week, you will be computing different financial ratios based on information presented in the tables below. Chart 1 ABC 123 Group Company Beginning accounts $75,000 $92,000 receivable; Ending accounts receivable $125,000 $123,000 Net credit sales $324,000 $401,000 Chart 2 Balance Income Balance Income Sheet Statement Sheet Statement Year 1 Year 1 Year 2 Year 2 Beginning $29,000 $10,826 Inventory Purchases $10,000 $7,435 Goods Available $39,000 $18,261 for Sale Ending ..ll Globe @ 59% 10:09 AM my.uopeople.edu $10,826 $5,980 ding ventory Cost of Goods Sold $28,174 $12,281 $10,826 Please complete the following tasks: 1. Complete each of the calculations listed below (A - C). 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). Interpret the outcomes, stating which company you would invest in and why. B. (Use Chart 2) Compute the inventory turnover ratio. Interpret the outcomes C. (Use Chart 2) Compute the number of days' sales in inventory ratio. Interpret the outcomes 2. Interpret the outcomes for each of the calculations performed using chart 1 and chart 2 (A-C). 3. Did you encounter issues completing any Unit 5 .. Globe @ 59% 10:09 AM my.uopeople.edu Did you encounter issues completing any Unit 5 assignments? Please explain. 4. You are halfway through the course. What are your thoughts about the course and the material that has been covered at this point? Be sure that your Learning Journal entry is a minimum of 500 words. Make sure you cite and reference your sources of information in the APA format. Submission status Attempt number Submission status Grading status This is attempt 1. No attempt Not graded Friday, 9 October 2020, 12:55 PM 5 days 2 hours Due date Time remaining Last modified Submission comments Comments (0) Add submission