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begin{tabular}{|c|c|c|} hline & begin{tabular}{l} This Year end{tabular} & Last Year hline multicolumn{3}{|l|}{begin{tabular}{l} Assets Current assets: end{tabular}} hline multicolumn{3}{|l|}{begin{tabular}{l} Current assets:

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\begin{tabular}{|c|c|c|} \hline & \begin{tabular}{l} This \\ Year \end{tabular} & Last Year \\ \hline \multicolumn{3}{|l|}{\begin{tabular}{l} Assets \\ Current assets: \end{tabular}} \\ \hline \multicolumn{3}{|l|}{\begin{tabular}{l} Current assets: \\ Cash \end{tabular}} \\ \hline \begin{tabular}{l} Cash \\ Accounts \end{tabular} & $1,240 & $1,340 \\ \hline Accounts receivable, net & 10,600 & 6,800 \\ \hline Inventory & 12,300 & 12,400 \\ \hline Prepaid expenses & 630 & 590 \\ \hline Total current assets & 24,770 & 21,130 \\ \hline \multicolumn{3}{|l|}{\begin{tabular}{l} Property and equipent: \\ Land \end{tabular}} \\ \hline Land & 10,900 & 10,900 \\ \hline Buildings and equipent, net & $1,661 & 38,534 \\ \hline Total property and equipment & 62,561 & 49,434 \\ \hline Total assets & 87,331 & 370,564 \\ \hline \multicolumn{3}{|l|}{\begin{tabular}{l} Liabilities and Stockholders' Equity \\ Current Liabilities! \end{tabular}} \\ \hline Accounts payable & 20,400 & \$. 18,800 \\ \hline Accrued liabilities. & 1,030 & 740 \\ \hline Notes payable, short term & 210 & 210 \\ \hline Total current liabilities & 21,640 & 19,750 \\ \hline \multicolumn{3}{|l|}{ Long-term liabilities: } \\ \hline Bonds paryable & 9,600 & 9,600 \\ \hline Total liabilities & 31,240 & 29,350 \\ \hline \multicolumn{3}{|l|}{ Stockholder: equity: } \\ \hline Common stock & 609 & 690 \\ \hline Additional paid-In capital & 4,000 & 4,000 \\ \hline Total puid-in capital & 4,600 & 4,600 \\ \hline Metained varnings & 51,491 & 36,614 \\ \hline 'Total stockholders' equity & 56,091 & 41,214 \\ \hline Total Habilities and stockhalders' equity & 97,331 & 579,564 \\ \hline \end{tabular} Required: 1. Accounts recelvable turnover. (Assume all sales are on account.) Note: Round your answer to 2 decimal places. 2. Average collection period. Note: Use 365 days in a year. Round your intermediate calculations and final answer to 2 decimal places. 3. Inventory turnover. Note: Round your answer to 2 decimal places. 4. Average sale period. Note: Use 365 days in a year. Round your intermediate calculations and final answer to 2 decimal places. 5. Operating cycle. Note: Round your intermediate calculations and final answer to 2 decimal places. 6. Total asset turnover. Note: Round your answer to 2 decimal places

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