Question: please help there is more than 1 requirement Income Statement Balance Sheet May 31, 2024 and 2023 Requirements 1. Compute the inventory turnover, days' sales



Income Statement Balance Sheet May 31, 2024 and 2023 Requirements 1. Compute the inventory turnover, days' sales in inventory, and gross profit percentage for Aim's Companies for 2024. 2. Compute days' sales in receivables during 2024. Round intermediate calculations to three decimal places. Assume all sales were on account. 3. What do these ratios say about Aim's Companies' ability to sell inventory and collect receivables? Requirement 1. Compute the inventory fumover, days' sales in inventory, and gross profit percentage for Aim's Companies for 2024. Compute the inventory turnover. (Round your answer to two decimal places, XXX.) The inventory turnover = times
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