Prompts $2\mathrm{.}1,2\mathrm{.}2,2\mathrm{.}3,$ and $2\mathrm{.}4$ utilize the following information:

As of December $31,2023,$ Christy's Baking Co$.($CBC$)$ has the following balance sheet and income

statement information.

Inventory

$2\mathrm{.}1.$ Please calculate Inventory for $2023$ and $2022$ as a percentage of $2021$ Inventory.

$2\mathrm{.}2.$ Please calculate the inventory turnover ratio for $CCC$ for $2023$ and $2022.$

$2\mathrm{.}3.$ Please calculate the days in inventory for CCC for $2023$ and $2022.$

$2\mathrm{.}4.$ Based on your calculations in $2\mathrm{.}1-2\mathrm{.}3,$ did the company sell inventory faster, slower, or the

same in $2023$ versus $2022?$ Please describe how the ratios you calculated indicate this.

$2\mathrm{.}4.$ If ending inventory for $2023$ increased, would CBC$\text{'}$s inventory turnover ratio increase,

decrease, or stay the same? Why?