Question: The table below contains selected financial information from recent financial statements of KBI Toys and Little Tikes Adventure Toys, Incorporated, two toy manufacturing companies (

The table below contains selected financial information from recent financial statements of KBI Toys and Little Tikes Adventure Toys, Incorporated, two toy manufacturing companies (\$ in thousands):
Required:
Calculate the 2024 gross profit ratio, inventory turnover ratio, and the average days in inventory for the two companies. Note: Do not round intermediate values. Round your gross profit ratio and average days in inventory to the nearest whole number. Round "Inventory turnover" answers to two decimal places.
The table below contains selected financial

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