You are analyzing two companies that manufacture electronic toys-Uke Games Inc. and Our Play Ine Games was launched eight years ago, whereas Our Play is a relatively new company that has been in operation for only the past two years. However, both companies have an equal mart share with sales of $300,000 each. You've collected company data to compare Like Games and Our Play. Last year, the average sales for all industry competitors was 3765,000. As an analyst you want to make comments on the expected performance of these two companies in the coming year Youve collected data from the companies financial statements. This information is listed as follows: (Note: Assume there are 365 days in year) Accounts receivable Not fixed as Data Collected (in dollars) Like Games Our Play 8,100 11.700 165,000 240,000 35.000 275,000 Industry Average 11,550 650,250 703.800 Totalt Using this information, complete the following statements to include in your analysis 1. Our Play days of sales tied up in receivables, which is much than the industry average it takes Our Pary time to collect call from its customers than it takes Like Games 2. UkGames ed assets turnover rabais than that of our play. This is because the Game was formed the years ago cution cost of its fixed assets is recorded at historic values when the company bought its assets and has been deprecated in Assuming that test prices not book values) rose over the past years due to inflation, Our Pay gaida 3. The average totalsts turons in the lectronic toys industry which means that of sales is being generated with every dobar fintment in totaltumover indicates greater in both come tala umover ratiosare than the industry average