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Required: Use the financial statement totals to compute the company's actual inventory tumover ratio for this year and its orecasted inventory turnover ratio for next

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Required: Use the financial statement totals to compute the company's actual inventory tumover ratio for this year and its orecasted inventory turnover ratio for next year. Also compute the days-to-sell for this year (actual) and next year forecasted). Is inventory tumover expected to improve or worsen next year? 2. Use the financial statement totals to compute the company's actual gross profit percentage for this year and its forecasted gross profit percentage for next year, is the gross profit percentage expected to improve or worsen next year? Complete this question by entering your answers in the tabs below. Use the financial statement totais to compute the company's actual inventory turnover ratio for this year and its forecosted inventory turnover ratio for next yean. Aso compute the days-to-sell for this year (actual) and next year (forecasted). is inventory turnover expected to improve or worsen next year? (Round your answers to 2 decimal places). Required: Use the financial statement totals to compute the company's actual inventory tumover ratio for this year and its orecasted inventory turnover ratio for next year. Also compute the days-to-sell for this year (actual) and next year forecasted). Is inventory tumover expected to improve or worsen next year? 2. Use the financial statement totals to compute the company's actual gross profit percentage for this year and its forecasted gross profit percentage for next year, is the gross profit percentage expected to improve or worsen next year? Complete this question by entering your answers in the tabs below. Use the financial statement totais to compute the company's actual inventory turnover ratio for this year and its forecosted inventory turnover ratio for next yean. Aso compute the days-to-sell for this year (actual) and next year (forecasted). is inventory turnover expected to improve or worsen next year? (Round your answers to 2 decimal places)

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