Average Accounts Receivable, Accounts Receivable Turnover Ratio, Accounts Receivable Turnover in Days Montalcino Company had net sales of $400,000. Montalcino had the following balances: Accounts receivable Inventories January 1 $82,100 December 31 $77,900 115,000 102,000 Required: Assume 365 days per year. 1. Calculate the average accounts receivable. 2. Calculate the accounts receivable turnover ratio. Round to one decimal place. times 3. Calculate the accounts receivable turnover in days. Round to one decimal place. days