Procter & Gamble is a multinational corporation that manufactures and markets many products that are probably in your home. Last year, sales for the company were $79,029 (all amounts in millions). The annual report did not disclose the amount of credit sales, so we will assume that 30 percent of sales were on credit. The average gross margin rate was 45 percent on sales. Account balances follow: Beginning Ending Trade receivables (net) Inventory $6,761 $5.836 8,416 6.880 Required: Compute the turnover for the trade receivables and inventory, the average age of receivables, and the average days' supply of inventory.