4 13 out of 13 points b) Winter Corporation has issued ordinary shares only. The company has been successful, and the gross profit is 20% of sales. The information shown below was taken from the company's financial statements. Beginning inventory Purchases Ending inventory Average accounts receivable Average ordinary shareholders' equity $ 482,000 5,636,000 700,000 3,500,000 Sales revenue (Including $3000,000 cash sale) 10,000,000 Net income Instructions Compute the following: 525,000 (a) Accounts receivable tumover and the average collection period. (4 Marks) (b) Inventory turnover and the days in inventory (6 Marks) (c) Return on ordinary shareholders' equity