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Accounts Receivable and Inventory Ratios Bell Company, whose current assets at December 31 are shown below, had net sales for the year of $950,000 and

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Accounts Receivable and Inventory Ratios Bell Company, whose current assets at December 31 are shown below, had net sales for the year of $950,000 and cost of goods sold of $554,900. At the beginning of the year, Bell's accounts receivable (net) were $157,000 and its inventory was $194,000 Cash Short-term investments Accounts receivable (net) nventor)y Prepaid expenses $28,400 51,000 171,000 202,000 13,600 $466,000 Current assets Round the turnover calculations to two decimal points. Use 365 days in a year and round days calculations to the nearest day (whole number) a. What is the company's accounts receivable turnover for the year? b. What is the company's average collection period for the year? x days c. What is the company's inventory turnover for the year? d. What is the company's days' sales in inventory for the year? x days

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