The inventory turnover ratio is calculated as: COGS $/$ Average Inventory, and days sales in inventory is calculated as: $365/$ Inventory Turnover RatioCalculate the inventory turnover ratio for any public merchandising company using the latest $10-$K balance sheet and income statement from Edgar. Then write a paragraph or so commenting on your findings, answering the following questions. The questions are guidelines, and you can discuss your results without adhering strictly to these prompts. Please reply to at least one classmate for full credit. Please do not repeat the questions in your response$\mathrm{.}1.$ What company did you choose and what are the numeric results of ratios you calculated?$2.$ Are these good results? Why or why not?$3.$ How do the results compare to your company's competitors?$4.$ What insight can you gain about the company from analyzing these ratios?After you have answered these questions clearly, please comment on at least one group member's post. The best responses are thoughtful, show that you have considered the topic, relate your similar experience or provide advice or guidance to another student.