The Following Information Is Available for a Company for the Current

Essay

The following information is available for a company for the current year:
$\begin{array} { l r } \text { Net Sales Revenue } & \$ 345,000 \\\text { Cost of Goods Sold } & 205,000 \\\text { Average Accounts Receivable } & 32,500 \\\text { Average Inventory } & 9,450 \\\text { Average Net Fixed Assets } & 81,250 \\\text { Average Total Assets } & 130,000\end{array}$
Required:
Part a.Calculate the receivables turnover ratio for the current year.
Part b.Calculate the days to collect for the current year.
Part c.Calculate the inventory turnover ratio for the current year.
Part d.Calculate the days to sell for the current year.
Round all ratios to two decimal points.