Triumphis Companies; a home improvement store chain, reportod the following summarzed foures: FAB (Click the koon to viow tha incomer statement.) (Cick the loce to view the balance sihoent) Triumphis has 100,000 common shares outstarding during 2024 Road the requirements Requirement 1. Compute the inventory tumover, days' baless in imentory, and gross prost percerizago for Thurich's Cornsarwer for 2024 Compute the invontory turnover; (Round your answer to two doom places, i The inventory turnover = Cost of goods wotd + Averiagn nerchandise inveriocy emest: Question 6, SF17-7 (similar ncome Statement Balance Sheets 1. Compute the inventory turnover, days' sales in Wiventory, and gross profit percentage for Triumph's Companies for 2024. 2. Compute days' sales in receivables during 2024. Round intermediate calculations to three decimal places. Assume all sales were on account. 3. What do these ratios say about Triumph's Companies' ability to sell inventory and collect receivables