The following financial data were taken from the 10-K of Weiss Corporation: (10% each for the 4 questions) Selected Accounts Current Assets Current Liabilities Net Revenue Cost of Goods Sold Inventory Accounts Receivable FY 2011 FY 2010 FY 2009 350,000 400,000 450,000 340,000 300,000 390,000 1,400,000 1,500,000 1,450,000 1,120,000 1,020,000 1,180,000 250,000 200,000 280,000 105,000 110,000 120,000 a. Please calculate the inventory turnover in times and days for FY 2011 Formula for Times: Cost of Goods Sold / average Inventory Formula for Days: 365/Inventory Turnover in Times Forget about company and industry comparisons, please explan if the inventory turnover in days is good or bad? Assume Credit Sales is 20% of Net Revenue, please calculate the b. Accounts Receivable Turnover in times and days for FY 2010. Formula for Times: Credit Sales / average Accounts Receivable Formula for Days: 365/Accounts Receivable in Times Forget about company and industry comparisons, please explan if the Accounts Receivable Turnover in days is good or bad? C. Please calculate the Quick Ratio for FY 2011. Formula: (Current Assets - Inventory) / Current Liabilities Forget about company or industry comparisons, please explain why the quick ratio calculaton is good or bad. d. Please calculate the Current Ratio for FY 2011. Formula: Current Assets / Current Liabilities Forget about company or industry comparisons, please explain why the current ratio calculaton is good or bad