Ken’s and Den’s Recreational Products,Inc.,reports the following information in its 2000 financial statements:

Balance (dollars in millions)

January 1, 2000 December 31, 2000 Accounts receivable (gross) $14 $12 Allowance for uncollectible accounts 1 2 Inventory 20 26 During 2000:

Sales 80 Cost of goods sold 55 Required Determine Ken’s and Den’s accounts receivable collection period ratio and the number of days’ sales in ending inventory during 2000.