WA Requirement Computer Cathered your XX) There days Amore Print Done Balance sheets Exce's Companies Balance Sheet May 22 2023 Income statement Asses 2024 2024 2023 Cat $ DOCEE 22.000 13.400 10.000 Excers Comparat Internet Year End 1004123 2024 Nelles over 2005 Costoso 21.00 West Expense 300 3300 All Other 15.000 Notice 2.500 5 2.000 7.400 7.300 2008 31.700 2033 1600 tours 12.000 Long-term Lab -5.700 TL 7.500 1:36 28.400 daming Aceste Merchandiser One CA Total Current 0001 35.400 Stockholders' Equity 71.000 11.000 DOWS 29.500 140 5.400 3,60 000 55200 31000 52 800 O 5.000 53.000 2010 33.600 38.2003 10.2001 Total Help MacBook Air en A DO GO - - X Requirements 1. Compute the inventory turnover, days' sales in inventory, and gross profit percentage for Excel'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 Excel's Companies' ability to sell inventory and collect receivables? C Print Done Question 6, SMC-7 (similar to) Part 1 of 5 Homework: Homework CHC Excel's Companies, a home improvement store chain, reported the following summarized figures: Click the icon to view the income statement.) Click the icon to view the balance sheets.) Excel's has 50,000 common shares outstanding during 2024 Read the requirements Requirement 1. Compute the inventory turnover, days' sales in inventory, and gross profit percentage for Excel's Companies for 2024. Compute the inventory turnover. (Round your answer to two decimal places, XXX.) The inventory turnover 365 days + Accounts receivable turnover ratio times