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Selected financial data for Quick Sell, Inc., a retail store...


Selected financial data for Quick Sell, Inc., a retail store,appear as follows.    a-1. Compute the gross profit percentage forboth years. (Round your percentage answers to the nearestwhole number. i.e. 0.1234 as 12%.) a-2. Compute the inventory turnover for bothyears. (Round your answers to 1 decimalplace.) a-3. Compute the accounts receivable turnoverfor both years. (Round your answers to 1 decimalplace.) b. Which of the following show a positive ornegative trend? . . .