1. value: 3.33 points The following information was available for the year ended December 31, 2016: Net sales Cost of goods sold Average accounts receivable for the year Accounts receivable at year-end Average inventory for the year Inventory at year-end $ 821,250 602.250 39,100 30,400 166,000 157,575 Required: a. Calculate the inventory turnover for 2016. (Round your answer to 2 decimal places.) Inventory turnover times b. Calculate the number of days' sales in inventory for 2016, using year-end inventories. (Use 365 days a year. Round your answer to 1 decimal place.) Number of days' sales in Inventory days c. Calculate the accounts receivable turnover for 2016. (Round your answer to 1 decimal place.) Accounts receivable turnover times d. Calculate the number of days' sales in accounts receivable for 2016, using year-end accounts receivable. (Use 365 days a year. Round your answer to 1 decimal place.) Number of days' sales in Accounts Receivable days