7 E7-15 (Static) Analyzing and interpreting the Inventory Turnover Ratio (LO 7.5) Polaris Industries incorporated is the biggest snowmobile manufacturer in the world. It reported the following amounts in its financial statements in ons 3031 2012 Set Sales 35.43 56.000 Cotos de 4.100 4.500 Required: 1. Calculate the inventory turnover ratio for 2018 and 2017 1. Ce the average days to set inventory for 2018 and 2017 2. Didintory turnover Polaris improve or decline in 2018? 1. the 2018 gross profit percentage 4. The man compettor for Polaris Is Ares Cit. Prior to being acquired by Textron incorporated, Arctic Cat reported to inventory turnover was 29 and its gross profit percentage was 35 percent. Why was Arctic Cat more likely than Polaris to require a write com for CMNRV Complete this question by entering your answers in the the below 2018 o proferent found your te decimal place (Rega Mag