Selected financial data for Quick Sell, Inc., a retail store, appear as follows.

	Year 2				Year 1
Sales (all on account)	$	799,000			$	604,000
Cost of goods sold		428,000				373,000
Average inventory during the year		164,000				154,000
Average receivables during the year		150,000				100,000

a-1. Compute the gross profit percentage for both years. (Round your percentage answers to the nearest whole number. i.e. 0.1234 as 12%.)

a-2. Compute the inventory turnover for both years. (Round your answers to 1 decimal place.)

a-3. Compute the accounts receivable turnover for both years. (Round your answers to 1 decimal place.)

b. Which of the following show a positive or negative trend?