Campbell Co. has net sales revenue of $1,360,000, cost of goods sold of $761,100, and all other expenses of $301,000. The beginning balance of stockholders' equity is $411,000 and the beginning balance of fixed assets is $372,000. The ending balance of stockholders' equity is $611,000 and the ending balance of fixed assets is $400,000. The fixed asset turnover ratio is closest to: Multiple Choice O 3.52 O 1.71 O 1.23 O 0.54 During the current accounting period, revenue from credit sales is $841,000. The accounts receivable balance is $53,180 at the beginning of the period and $69,200 at the end of the period. Which of the following statements is correct? Multiple Choice The receivables turnover ratio is 13.7. O On average, takes 13.7 days to collect payment from credit customers. The receivables turnover ratio is 26.7. O On average, the company sells its inventory every 26.7 days. O