Calculate Andersons turnover ratios for 2021

2020 560 The 2021 income statement of Anderson Medical Supply Company reported net sales of $11 million, cost of goods sold of $5.4 million, and net income of $830,000. The following table shows the company's comparative balance sheets for 2021 and 2020 ($ in thousands 2021 Assets Cash $ 420 $ 500 Accounts receivable 820 Inventory 1,200 1,000 Property, plant, and equipment (net) 3,000 2,720 Total assets $5,440 $4,789 Liabilities and shareholders' equity Current liabilities $ 1,080 95e Bonds payable 1,500 1,500 Common stock 1,680 1,500 Retained earnings 1,260 730 Total liabilities and shareholders' equity $5,440 $ 4,789 $ Required: atins for 2921 (Use 365 days a year. Round your answers to 2 decimal places.) Required: 1. Calculate Anderson's turnover ratios for 2021 (Use 365 days a year. Round your answers to 2 decimal places.) Inventory tumover ratio Receivables turnover ratio Average collection period Asset tumover ratio times times days times