Accounts Receivable and Inventory Ratios Bell Company. whose current assets at December 31 are shown below, had net sales for the year of $900,000 and cost of goods sold of $550,000 At the beginning of the year, Bell's accounts recelvable (net) were $160.000 and its inventory was $195,000 Cash Short-term investments 49.400 Accounts receivable (net) 170,000 Invenitory Prepaid expenses Current assets 29,000 200,000 11,600 $460,000 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? days c. What is the company's inventory turnover for the year