Net sales Cost of goods sold Year-end inventory Required: 1/28/2020 Tool Station 1/29/2019 Howard's $ 102,704...

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Net sales Cost of goods sold Year-end inventory Required: 1/28/2020 Tool Station 1/29/2019 Howard's $ 102,704 68,348 14,548 $ 96,395 64,082 14,349 2/2/2020 $ 70,419 47,010 13,193 2/3/2019 $ 66,817 44,353 12,258 Calculate the gross profit ratio, the inventory turnover ratio, and the average days in inventory for the two companies for their fiscal years ending in 2020. Note: Use 365 days a year. Round "Inventory turnover ratio" to 2 decimal places. Enter dollar amounts in millions rounded to th nearest whole number. Gross Profit Ratio Choose Numerator: Choose Denominator: = Gross Profit Ratio Gross profit Net sales = Gross profit ratio Tool Station Howard's + = 0% = 0% Choose Numerator: Cost of goods sold Tool Station Howard's Inventory Turnover Ratio Choose Denominator: = Inventory Turnover Ratio Average inventory = Inventory turnover ratio + = 0 times = 0 times Average Days in Inventory Choose Numerator: Choose Denominator: = Average Days in Inventory Total number of days + Inventory turnover ratio = Average days in inventory Tool Station + = Howard's + = 0 days 0 days Net sales Cost of goods sold Year-end inventory Required: 1/28/2020 Tool Station 1/29/2019 Howard's $ 102,704 68,348 14,548 $ 96,395 64,082 14,349 2/2/2020 $ 70,419 47,010 13,193 2/3/2019 $ 66,817 44,353 12,258 Calculate the gross profit ratio, the inventory turnover ratio, and the average days in inventory for the two companies for their fiscal years ending in 2020. Note: Use 365 days a year. Round "Inventory turnover ratio" to 2 decimal places. Enter dollar amounts in millions rounded to th nearest whole number. Gross Profit Ratio Choose Numerator: Choose Denominator: = Gross Profit Ratio Gross profit Net sales = Gross profit ratio Tool Station Howard's + = 0% = 0% Choose Numerator: Cost of goods sold Tool Station Howard's Inventory Turnover Ratio Choose Denominator: = Inventory Turnover Ratio Average inventory = Inventory turnover ratio + = 0 times = 0 times Average Days in Inventory Choose Numerator: Choose Denominator: = Average Days in Inventory Total number of days + Inventory turnover ratio = Average days in inventory Tool Station + = Howard's + = 0 days 0 days