# 5-Financial Statement Analysis-Accounts Receivable Turnover/Number of days, in receivables The following items are reported in the balance sheet of the company Ariane Group Inc. Sales Average accounts receivable (aet) $720,000 45,000 Instructions: Determine: (a) Accounts receivable tunover (b) Number of days sales in receivables Round your answer to one decimal place ent Analysis-Invento ry Turnover/ Number of days in sales inventory # 6-Financial Statern The following items are reported on the balance sheet the company Sotland Inc. Cost of goods sold Average inventory $610,000 80,000 Instructions: Determine: (a) Inventory turnover b) Number of days' sales in inventory Round your answer to one decimal place ED STATES)