SF15-7 (similar to) Low's Companies, a home improvement store chain, reported the following umarted figures (Click the icon to view the income statement) Click the icon to view the blanche Low's has 50,000 common shares outstanding during 2024 Read the requirements Requirement 1. Compute the inventory tumover days' sales in invertory, and gross profit percentage for Low's Companies for 2024 Compute the inventory turnover (Round your answer to two decimal places, XXX) times The inventory turnover Sam 6 of 8( complet HW Score: 12.5 1018 Score: 0 of 1 pt SF15-7 (similar to) Low's Companies, a home mprovement channel for Click the icon to view the income) Contowane Low's has 50,000 common shares outstanding during 2004 Read the recent Requirement 1. Compute the inventory tumover da inventory and grow propercentage for Low Com 2004 Comote the inventory tumover Round your compact XXX) She The inventory turnover - Income Statement Low.com Bethet May 2014 2013 Les Low's Companies Income Statement Years Indied May 3, 2016 and 2073 2024 2024 2011 2014 2925 5 2023 T3 500 5 337005 22.500 700 7,500 25700 Net Sales Revenue Cost of Goods Sold Interest Expense All Other Expenses Natcome 2.000 24.00 630 8.400 Cash Shontas Rece Marchandstory Oh Cunard As To Ouro 2.0001 2000 7.100 7.100 1.000 200 M4,000 to $300 8.800 codes 2.0 como 000 22700. Redang 13.000 TO 2.000 3.700 1870 07.2001 pk Answer 31000 34000 MA 11.00 1 2005 53.700 Tondo TA Low's Companies Balance Sheet May 31, 2024 and 2023 Assets 2024 2023 Liabilities 2024 2023 Cash 2,000 $ 26,000 12,900 Short-term Investments 12,800 25,700 Accounts Receivable Merchandise Inventory Other Current Assets Total Current Assets All Other Assets 7,100 7,100 11,000 1,200 tbtal Current Liabilities $ 25,000 $ 14,000 Long-term Liabilities 13,500 5,300 Total Liabilities 38,500 6,800 Stockholders' Equity 2,400 Common Stock 12,000 29,700 Retained Earnings 36,700 24,000 Total Equity 48,700 53,700 $ 87,200 $ Total Liabilities and Equity 12,000 16,000 53.200 34,000 28.000 Total Assets 87,200 $ 53,700