Transcribed image text: The following financial information is for Alpha Corporation are for the fiscal years ending 2017 & 2016 (all balances are normal): 2017 2016 Item/Account $9,800 $9,400 Accounts Receivable Inventory 30,000 16,000 Net Sales (all credit) 85,000 71,000 Cost of Goods Sold 62,000 52,000 7,200 6,900 Net Income Use this information to determine for FY 2017: (Round & enter your answers to one decimal place and enter the value.) 1. the inventory turnover ratio 2. number of days of inventory 3. Gross Profit Margin 4. Profit Margin