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:Compute the accounts receivable turnover ratio.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 outcomesC. (Use Chart 2) Compute the number of days' sales in inventory ratio.Interpret the outcomes2. Interpret the outcomes for each of the calculations performed using chart 1 and chart 2 (A - C).

Chart 1 ABC Group 123 Company Beginning accounts receivable; $75,000 $92,000 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 Inventory $29,000 $10,826 Purchases $10,000 $7,435 Goods Available $39,000 $18,261 for Sale Ending Inventory $10,826 $5,980 Cost of Goods Sold $28,174 $12,281 $10,826