please find the projected inventory turnover, using the information in the pictures. PLEASE HELP

UU LIIC firm's survival. Jenny Cochran was brought in as assistant to Computron's chairman, who had the task of getting the company back into a sound financial position. Cochran must prepare an analysis of where the company is now, what it must do to regain its financial health, and what actions to take. Your assignment is to help her answer the following questions. Provide clear explanations, not yes or no answers. Use the recent and projected financial information shown next. 2018 2019 2020E $50 $ 60 Balance Sheets Assets Cash and equivalents Short-term investments Accounts receivable Inventories Total current assets Net Fixed Assets Total Assets $ 60 100 400 620 $1,180 2.900 $4.080 10 520 820 $1,400 3.500 $4.900 50 530 660 $1,300 3.700 $5.000 Liabilities and equity Accounts payable Notes payable Accruals Total current liabilities Long-term bonds Total liabilities Common stock (100,000 shares) Retained gamings Total common equity Total liabilities and equity 2019 $ 300 50 200 S.550 800 $1,350 2020 $.400 250 240 S 890 1.100 $1,990 2021E S 330 100 270 $ 700 1.100 $1,800 1,000 1.730 $2.730 1,000 1.910 $2.910 1.000 2.200 $3.200 $4.080 $4.900 $5.000 Note: "E" denotes the "estimated forecast." 2018 $5,500 4,300 290 350 2019 $6,000 4,800 320 420 2020E $6,600 5,210 370 400 Income Statements Net sales Cost of goods sold (Excluding depr.) Depreciation Other operating expenses Earnings before interest and taxes (EBIT) Less interest Pre-tax earnings Taxes (25%) Net Income $ 560 68 $_492 $1460 108 $ 352 88 S 264 $ 620 100 $ 520 1130 $ 390 123 S 369 Note: "E" denotes the "estimated forecast." Also, Computron has no amortization. 2018 2019 2020E Other Data Per Share Information EPS DPS Book Value Per Share $3.69 $0.90 $27.30 $2.64 $0.84 $29.10 $3.90 $1.00 $32.00 Additional Information Dividends Additions to retained earnings Year-end shares outstanding Year-end common stock price Lease payments Tax rate $90 $279 100 $50.00 $20 25% $84 $180 100 $30.00 $20 25% $100 $290 100 $49.00 $20 25% Note: "E" denotes the "estimated forecast." 2020E Average 7.2% 10.4% 15.6% 10.8% 15.4% 9.0 28.0 3.0 Ratio Analysis Profit margin Operating profit margin Basic earning power ROA ROE Inventory turnover Days sales outstanding Fixed assets turnover Total assets turnover Current Quick Debt ratio Debt-to-equity ratio Liabilities-to-assets ratio Earnings multiplier TIE EBITDA coverage Price/earnings (P/E) Market/book 2018 6.7% 10.2% 13.7% 9.0% 13.5% 7.4 26.5 1.9 1.348 2.1 1.0 20.8% 0.31 33.1% 1.5 8.2 9.9 13.6 1.8 2019 4.4% 7.7% 9.4% 5.4% 9.1% 6.2 31.6 1.7 1.224 1.6 0.7 27.6% 0.46 40.6% 1.7 4.3 6.3 11.4 1.0 1.5 2.5 1.4 15.0% 0.22 30.0% 1.5 13.0 17.2 16.8 2.6