AP-9A LO 4 Below is selected financial information for Swingline Inc. 2020 2019 2018 2017 Ending Inventory Cost of Goods Sold 4,850 5,626 5,723 6,014 68,950 72,398 65,503 71,708 Required a) Calculate...

These are 2 different questions. Please help me with both of them and give me full solutions. There is a reason why I made a account on Bartleby so don't just give me the answers Sometimes Accounting is hard.

Extracted text: AP-9A LO 4 Below is selected financial information for Swingline Inc. 2020 2019 2018 2017 Ending Inventory Cost of Goods Sold 4,850 5,626 5,723 6,014 68,950 72,398 65,503 71,708 Required a) Calculate the following ratios for 2020, 2019 and 2018, rounding to nearest day and two decimal places for turnover ratios. 2020 2019 2018 Days' Sales in Inventory Inventory Turnover b) Are the ratios improving or weakening? What does that trend mean?


Extracted text: AP-21B LO 7 Perform a vertical analysis (use sales as the base) for Barcelona Inc. Comment on the results. Note that figures are in millions of dollars. Barcelona Inc. Income Statement (In millions) For the Year Ended December 31 2020 2019 Sales $210 $250 Cost of Goods Sold 150 200 Gross Profit 60 50 Operating Expenses Selling Expenses 4 Salaries Expense 2 2 Rent Expense 5 Total Expenses 12 11 Income before Tax 48 39 Taxes (35%) 13.65 $25.35 16.8 Net Income $31.2