Calculate activity measures The following information was available for the year ended December 31, 2016:

Net sales	$365,000
Cost of goods sold	292,000
Average accounts receivable for the year	14,600
Accounts receivable at year-end	16,000
Average inventory for the year	73,000
Inventory at year-end	78,400

Required:

Calculate the inventory turnover for 2016.

Calculate the number of days sales in inventory for 2016, using year-end inventories.

Calculate the accounts receivable turnover for 2016.

Calculate the number of days sales in accounts receivable for 2016, using year-end accounts receivable.