USE NOTEBOOK PAPER FOR THE NEXT TWO QUESTIONS ON THIS PAGE. AND SHOW YOUR WORK Use the following information to answer the next two questions 2018 2017 2016 $25,875 $28,750 30,150 5,350$7,850 7,950 56,400 3,200 30,25027,800 S30,150 S35,750 $7,950 $8,950 8,650 3,500 28,750 Beginning assets Ending assets 28,750 Ending Accounts Receivable Gross sales (all on credit) Returns and allowances Cost of goods sold 7,850 52,800 3,800 For these questions provide: i. (1 point) Ratio formula (clearly labeled) ii. (4 points) Purpose iv.(4 points) Discuss trend. Even if it is flat, that means something. You will lose points if any of the four are left off. MAKE SURE ili. (1 point) Ratio calculated (clearly labeled) Do not just say increasing-what does that mean? CAN READ YOUR HANDWRITIN AND FOLLOW YOUR MATH. 11. (10 points) Calculate Your Company's total asset turnover for the three years. Show your LABELED work. 12. (10 points) Calculate Your Company's accounts receivable turnover. Show your LABELED work. 13. (10 points) Calculate Your Company's total asset turnover. Show your LABELED work