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Selected financial data for Quick Sell, Inc., a retail store, appear as follows. a-1. Compute the gross profit percentage for both years. (Round your percentage
Selected financial data for Quick Sell, Inc., a retail store, appear as follows. 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
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