Below are Apple's most recent financial statements. Use them to answer the following questions INCOME STATEMENT - USD ($) Dec 31, 2020 Dec 31, 2019 Sales $274,515 $260,174 169.559 161,782 18,752 16,217 19.916 18.245 Cost of goods sold Operating expenses: Research and development Selling, general and administrative Total operating expenses Operating income Other income/(expense), net Income before provision for income taxes Provision for income taxes Net income 38.668 34.462 66.288 63,930 803 1.807 67,091 65.737 2.680 $57,411 10,481 $55,256 BALANCE SHEETS - USD ($) Dec 31, 2020 Dec 31, 2019 Assets: Cash and cash equivalents Marketable securities Accounts receivable Inventories $38,016 153,814 16.120 5,061 $48,844 157,054 22,926 4,106 BALANCE SHEETS - USD ($) Dec 31, 2020 Dec 31, 2019 Assets: $48,844 Cash and cash equivalents Marketable securities $38,016 153,814 157,054 Accounts receivable 16,120 Inventories 22,926 4,106 37,378 Property, plant and equipment, net Other assets Total assets 5,061 36,766 75,111 323,888 68,208 338,516 42,296 46,236 Liabilities Accounts payable Deferred revenue Notes Payable Other non-current liabilities Total liabilities Shareholders' equity: Contributed Capital Retained earnings Total shareholders' equity Total liabilities and shareholders' equity 6,643 112,436 97.174 258,549 5,522 108,047 88,223 248,028 45.174 45.314 50.779 14,560 65,339 $323,888 90.488 $338,516 Question 8 What is Apple's inventory turnover ratio for 2020? Round to two decimal points. Question 9 What is Apple's accounts receivable turnover ratio for 2020? Round to two decimal points Question 10 How many days does it take for Apple's to collect its accounts receivable in 2020? Round to nearest day