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Win'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

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Win'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.) Win's has 30,000 common shares outstanding during 2024. Read the requirements Requirement 1. Compute the inventory turnover, days' sales in inventory, and gross profit percentage for Win's Companies for 2024 Compute the inventory turnover. (Round your answer to two decimal places, X.XX.) times The inventory turnover Choose from any list or enter any number in the input fields and then click Check Answer Clear All 4 parts remaining i Income Statement a Win's Companies Income Statement or Years Ended May 31, 2024 and 2023 2024 2023 ur Net Sales Revenue $ 38,800 42,400 $ 22,500 23,700 Cost of Goods Sold 300 280 Interest Expense 6,700 7,100 All Other Expenses $ 12,900 $ 7,720 Net Income ul Print Done i Balance Sheets Liabilities Assets I 2024 2023 2024 2023 $ 12,800 23,000 $ 2,100 $ Cash 13,300 11,900 1,300 Total Current Liabilities 13,000 Long-term Liabilities 5,500 Total Liabilities Short-term Investments 25,000 36,300 24.700 Accounts Receivable 7.300 7,500 Stockholders' Equity 7.300 Merchandise Inventory 11,000 1.700 Common Stock 10,000 10,000 Other Current Assets 37.400 19,300 29,000 Retained Earnings Total Current Assets 52,700 31,000 47,400 29,300 25,000 Total Equity All Other Assets S 83,700 $ 54,000 S 83,700 $ 54,000 Total Liabilities and Equity Total Assets Print Done

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