c and d only

or on a separate sheet of paper. 6) Selected balances from a company's financial statements are shown below. Calculate the following ratios for 2016: (a) accounts receivable turnover (b) inventory turnover (c) days' sales uncollected (d) days' sales in inventory (d) profit margin (e) return on total assets. Dec. 31, 2016 Dec. 31, 2015 For the Year 2016 Accounts receivable $24,000 $27,000 25,000 Merchandise inventory 20,000 Total assets 244,000 296,000 26,000 32,000 3,000 4,400 Accounts payable Salaries payable Sales (all on credit) Cost of goods sold $312,000 165,600 48,000 Salaries expense Other expenses 75,000 Net income 24,000