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Blue Air Inc., has net sales of $718,000 andaccounts receivables of $170,000. What are the firm's accounts receivablesturnover? Round to two decimal places. JP Vineyards

Blue Air Inc., has net sales of $718,000 andaccounts receivables of $170,000. What are the firm's accounts receivablesturnover? Round to two decimal places.

JP Vineyards has sales of $877,000, a grossprofit margin of 0.385, and inventory of $178,000. What is thecompany's inventory turnover ratio? Round to two decimal places.

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