Question: please answer all questions amd show your work following information pertains to two competitors, Clovis Inc. and Bantu Ltd. Clovis Inc. reported sales revenue of


following information pertains to two competitors, Clovis Inc. and Bantu Ltd. Clovis Inc. reported sales revenue of $1,875,000, and Bantu Ltd. reported sales revenue of $4,885,000. Required a) Calculate the inventory turnover and days to see inventory ratios for Clovis and Bantu. b) Calculate the gross margin and gross margin ratio for Clovis and Bantu. c) On the basis of inventory turnover, which company is moving its inventory faster? Does that mean the inventory is better managed? Explain. d) On the basis of gross margin ratio, which company is earning a higher profit margin? e) Which company do you think is better managed? Explain vour
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