TES Preview File Edit View Go Tools Wind 2020 ACCT 209 (page 1 of 6)-Edited Q Search INSTRUCTIONS: Answer on accompanying Excel sheet and email or Blackboard message me the file prior to 11:30. Name the file "LASTNAMEFIRSTNAME209". Alternatively, you can handwrite and email me pictures of your completed work. Q1. The following selected information is from the accounts of Argos Company. 2017 2018 Income statement, for the year: Sales 158,000 168,000 Cost of goods sold 124,000 135,000 Bad debt expense 4,500 6,700 Balance sheet, as at yearend Accounts receivable 23,500 36,900 Inventory 44,400 49,100 Accounts payable 17,700 23,400 Required (6 marks): Calculate Argo's Accounts Receivable Tumover, Inventory Turnover and Gross Profit Margin for the year ended 2018. Show all work