Refer to the following selected financial information from Fennie's, LLC. Compute the company's inventory turnover for Year 2 Year Year 2 $32.250 $37,500 90,000 Cash 60,000 Short-term investments 79,500 Accounts receivable, net Merchandise inventory Prepaid expenses 85,500 125,000 121.000 9.700 12,100 338.000 388.000 Plant assets 107.800 Accounts payable Net sales 113.400 676.000 711.000 375,000 390.000 Cost of goods sold 2.5 points Sa Use the following selected information from Farris, LLC to determine the Year 2 and Year 1 common size percents for operating expenses. Year 2 Year 1 Net sales $276,200 $231.400 Cost of goods sold Operating expenses Net earnings 129,590 151,900 53,240 55,240 19,820 27,820