Acustomer has been following the price movements of xyz stock during this day's trading session. at 10 minutes prior to market close, the customer calls her representative and says: "buy xyz stock for me - get it at a good price - but make sure you get it." the customer hangs up and the representative calls the client back to ask how many shares she wants to buy, but she cannot be reached. the representative should:

Margaret company reported the following information for the current year: net sales $3,000,000 purchases $1,957,000 beginning inventory $245,000 ending inventory $115,000 cost of goods sold 65% of sales industry averages available are: inventory turnover 5.29 gross profit percentage 28% how do the inventory turnover and gross profit percentage for margaret company compare to the industry averages for the same ratios? (round inventory turnover to two decimal places. round gross profit percentage to the nearest percent.)