Please answer points given

You are analyzing two companies that manufacture electronic toys Like Games Inc. and Our Play Inc. Like Games was launched eight years ago, whereas Our Play is a relatively new company that has been in operation for only the past two years. However, both companies have an equal market share with sales of $500,000 each. You've collected company data to compare Like Games and Our Play. Last year, the average sales for all industry competitors was $1,275,000. As an analyst, you want to make comments on the expected performance of these two companies in the coming year. You've collected data from the companies' financial statements. This information is listed as follows: Data Collected (in dollars) Accounts receivable Net fixed assets Total assets Like Games 13,500 275,000 475,000 Our Play 19,500 400,000 625,000 Industry Average 19,250 1,083,750 1,173,000 - using this information, complete the following statements to include in your analysis. 1. A collecting cash from its customers faster than average 2. Our Play's fixed assets turnover ratio is the acquisition cost of its fixed assets is 3. Like Games's total assets turnover ratio is days of sales outstanding represents an efficient credit and collection policy. Between the two companies is , but both companies are collecting their receivables less quickly than the industry than that of Like Games. This could be because Our Play is a relatively new com than the recorded cost of Like Games's net fixed assets. pany, so general, a higher total assets turnover ratio indicates greater efficiency which is than the industry's average total assets turnover ratio. In