Using the information in the table below for Lilliput Ltd: 2023 2021 1464 2032 Beginning inventory Ending inventory Cost of sales Sales 2022 2032 2102 17050 41834 2102 2768 18660 41765 16904 42389 a) Calculate the inventory ratio, the inventory ratio in days, and the gross profit ratio for Lilliput Ltd for 2021, 2022 and 2023. You may show your answer in the table below. 2023 2022 2021 Inventory turnover Inventory turnover in days Gross profit ratio b) Prepare a Memo to the Manager to report on your findings. The memo should include: . . a description of any trends that you identify an explanation for such trends suggestions for how to change the trends revealed in your calculations