Please assist

X ncome Statement Balance Sheets Win's Companies Win's Companies Income Statement Balance Sheet Years Ended May 31, 2018 and 2017 May 31, 2018 and 2017 2018 2017 Assets Liabilities Net Sales Revenue 55,400 $ 44,700 2018 2017 2018 2017 Cost of Goods Sold 23,300 23,700 Cash 2,500 $ 1,200 Total Current Liabilities 26,000 S 12.800 Interest Expense 400 280 Short-term Investments 26,000 13,000 Long-term Liabilities 12,900 1,900 All Other Expenses 6,700 7,100 Accounts Receivable 7 200 5.600 Total Liabilities 38,900 24,700 25,000 $ 13,620 Net Income Merchandise Inventory 7,300 7.200 Stockholders' Equity Other Current Assets 6,000 2,300 Common Stock 13,000 13,000 Total Current Assets 49,000 29,300 Retained Earnings 27,100 19,600 All Other Assets 30.000 28,000 Done Total Equity 40,100 32,600 Print 79,000 $ 57,300 57,300 Total Assets Total Liabilities and Equity 79,000 S Print Done Requirements 1. Compute the inventory turnover, days' sales in inventory, and gross profit percentage for Win's Companies for 2018. 2. Compute days' sales in receivables during 2018. Round intermediate Check answer calculations to three decimal places. Assume all sales were on account. Clear all 3. What do these ratios say about Win's Companies' ability to sell inventory and collect receivables