Benson Company shows the following data on its financial statements: Accounts receivable, January 1 $720,000 Accounts receivable, December 31 $960,000 Merchandise inventory, January 1 $900,000 Merchandise inventory, December 31 $1,020,000 Net sales $4,620,000 Cost of goods sold $3,360,000 Net income $384,000 Calculate the following ratios: 1. Inventory Turnover 2. Days' sales in Inventory 3. Accounts Receivable Turnover 4. Days' sales Uncollected Explain what these tell you about Benson Company