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Wright Companies is a multichannel video game and consumer electronics retailer. The company reported the following amounts (in millions) in its annual financial statements at the end of January. Required: 1. Determine the inventory turnover ratio and average days to sell inventory for 2018 and 2017. TIP: In both the numerator (CGS) and denominator (average inventory), use costs (not selling prices). 2. At Persaud & Gomes Gaming, inventory turned over 4.6 times during 2018 (79.3 days to sell). Are the Persaud & Gomes Gaming inventory managers more effective or less effective than those at Wright? Complete this question by entering your answers in the tabs below. Determine the inventory turnover ratio and average days to sell inventory for 2018 and 2017. TIP: In both the numerator (CGS) and denominator (average inventory), use costs (not selling prices). (Use 365 days in a year. Round your intermediate and final answers to 1 decimal place.) Complete this question by entering your answers in the tabs below. At Persaud 8 Gomes Gaming, inventory turned over 4.6 times during 2018 (79.3 days to sell), Are the Persaud & Gomes Gaming inventory managers more effective or less effective than those at Wright? \begin{tabular}{|l|} \hline More effective \\ \hline Less effective \\ \hline No difference \\ \hline \end{tabular}