You are analyzing twa companies that manufscture clectronic toys-Llke Games Inc. 3nd dur Hay Ine. Llke Games was launched eght years ago, whereas Dur Play is a relstively new company that has been in operation for anly the past two years. Hawever, both companies have an equal marioet share with sales of $300,000 esch. You've coliected campany data to compare Lhe Games and Our Play. Last year, the average sales far all industry competitors was $765,DOD. As an analyst, you want to make comments on the expected perfarmance af these two companies in the caming year. You've coliected data from the companies' financial statements. This information is listed as follows: (Note: Assume there are 365 days in a year) Using this information, complete the following statements to include in yaur anslysis. 2. Like Games's fixed assets turnover ratio is than that of Our Play. This is because Llke Games was formed eight years ago, sa the acquisition cost of its fixed assets is recorded at historic values when the campany bought its assets and has heen depreciated since then. Assuming that fixed assets prices (not book values) rose over the past six years due to inflatian, Dur Play paid a 3. The average tatal assets turnover in the electronic toys industry is - which means that of sales is being generated with every dollar af investment in assets. A total assets turnaver ratio indicates greater efficiency. Bath companies' total assets turnover ratins are than the industry average