Please help me to complete the following tasks:(see attached charts of information to be used).

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:

oCompute the accounts receivable turnover ratio.

oCompute the number of days' sales in receivables ratio for both ABC Group and 123 Company (round all answers to two decimal places).

oInterpret the outcomes, stating which company you would invest in and why.

B. (Use Chart 2) Compute the inventory turnover ratio.

oInterpret the outcomes

C. (Use Chart 2) Compute the number of days' sales in inventory ratio.

oInterpret the outcomes

2. Interpret the outcomes for each of the calculations performed using chart 1 and chart 2 (A - C).

3. Were issues encountered in completing these tasks? Please explain.

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 Sheet Income Statement |Balance Sheet Income Statement Year 1 Year 1 Year Year Beginning Inventory $29,000 $10,826 Purchases $10,000 $7,435 Goods Available for $39,000 $18,261 Sale Ending Inventory $10,826 $5,980 Cost of Goods Sold $28,174 $12,281 $10,826