00 8 2021309 Double West Suppliers (DWS) reported sales for the year of $350,000, all on credit. The average gross profit percentage was 30 percent on sales. Account balances follow Beginning Ending Accounts receivable (net) $50,000 61,000 Inventory 66.000 45,000 Required: ellack Print 1. Compute the following turnover ratios 2. By dividing 365 by your ratios from requirement 1, calculate the average days to collect receivables and the average days to sell Inventory Complete this question by entering your answers in the tabs below. Required 1 Required 2 Compute the following tumover ratios. (Round your answers to 1 decimal place) Receivables Tumover Ratio Inventory Tumover Ratio Required 2>