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2. The inventory and sales data for this year for G. Rabbit Company are as follows: End of Year $3,150,000 180,000 480,000 2,250,000 Beginning of

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2. The inventory and sales data for this year for G. Rabbit Company are as follows: End of Year $3,150,000 180,000 480,000 2,250,000 Beginning of Year Net sales Gross receivables Inventory Cost of goods sold $160,000 390,000 Required Using the above data from G. Rabbit Company, compute the following: a. The accounts receivable turnover in days b The inventory turnover in days c. The operating cycle a. b. C

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