Suomi Check my work 7 Aegis Industries Inc., is the biggest snowmobile manufacturer in the world. It reported the following amounts in its financial statements (in millions): 0.69 points Net Sales Revenue Cost of Goods Sold Average Inventory 2012 2013 2014 2015 $4,100 $3,560 $2,890 $2,470 3,340 2,830 2,360 2,070 420 360 300 290 eBook 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 2. Is Aegis performing better than its competitor Snow Pack Corporation where the Inventory turned over is 6.3 times in 2015 (57.9 days to sell). Both companies use the same inventory costing method (FIFO). Hing References Complete this question by entering your answers in the tabs below. Req 1A Req 18 Reg 2 Calculate the inventory turnover ratio for 2015, 2014, and 2013. (Round your answers to 1 decimal place.) Times per Year 2014 2015 2013 Inventory Tumover Ratio Reg 1A Reg 18 > Aegis Industries Inc., is the biggest snowmobile manufacturer in the world. It reported the follow (in millions): Net Sales Revenue Cost of Goods Sold Average Inventory 2012 2013 2014 2015 $4,100 $3,560 $2,890 $2,470 3,340 2,830 2,360 2,070 420 360 300 290 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. 2. Is Aegis performing better than its competitor Snow Pack orporation where the inventory days to sell). Both companies use the same inventory costing method (FIFO). Complete this question by entering your answers in the tabs below. Req 1A Reg 1B Req 2 Calculate the average days to sell inventory for 2015, 2014, and 2013. (Use 365 days in a year. U Turnover Ratio" and round your answers to 1 decimal place.) Days 2014 2015 2013 Average Days to Sell Inventory