Question: I would like to use the company Helios Technologies https://www.heliostechnologies.com go to the investors tab, the financial information, and then you will find the balance

I would like to use the company Helios Technologies https://www.heliostechnologies.com

go to the investors tab, the financial information, and then you will find the balance sheet and income statement. I am having a hard time figuring out the calculations part.

Thank you

Discussion 5

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After reading Section 10.3 in the textbook, do the following:

1.Find the latest financial statements of apublic companyof your choice (not the same ones in the book please) from theretail or manufacturing industries.You can go to the company's website and access the statements usually under the Investor Relations or the financials tab.Examples of public companies include WalMart, Best Buy, Amazon, Walgreens, Lowe's, Bed Bath & Beyond, and Dick's Sporting Goods.

2.Using the information on the income statement and the balance sheet (provide a copy), evaluate "inventory turns"and"days-of-supply"as indicated in the textbook (must show calculations to earn points).(40 points).

3.Based on the figures obtained, comment on how efficient the company is in managing its inventory (again, based on information you have learned from the chapter).(40 points)

4.Evaluate the information provided by another student by replying to his/her post. (20 points)

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