Req 1A. Req 1B. Req 2.

Chapter 7 Connect Assignment Saved Aegis Industries Inc., is the biggest snowmobile manufacturer in the world. It reported the following amounts in its financial statements (in millions) 14.32 points Net Sales Revenue Cost of Goods Sold Average Inventory 2012 2013 2014 2015 $3,300 $2,760 $2,090 $1,670 2,380 2,000 1,560 1,270 210 330 280 220 Book Required 1-a. Calculate the inventory turnover ratio for 2015, 2014, and 2013 1-b. Calculate the average days to sell inventory for 2015,. 2014, and 2013 Hint 2. Is Aegis performing better than its competitor Snow Pack Corporation where the inventory turned over is 5.5 times in 2015 (66.4 days to sell). Both companies use the same inventory costing method (FIFO). Ask Complete this question by entering your answers in the tabs below Print Req 1A Req 1B Req 2 References Calculate the inventory turnover ratio for 2015, 2014, and 2013. (Round your answers to 1 decimal place.) Times per Year 2014 2015 2013 Inventory Turnover Ratio Req 1A Req 1B >