Check 12 The 2021 income statement of Anderson Medical Supply Company reported net sales of $11 million, cost of goods sold of $61 million, and net income of $865,000. The following table shows the company's comparative balance sheets for 2021 and 2020: 769 points in thousands 2021 5560640 960 1.550 960 3,700 3,420 $6,790 55,650 Assets Cash Accounts receivable Tnventory Property, plant, and equipment (net) Total Liabilities and shareholders' equity Current liabilities Bonds payable Co stock Retained earnings Total liabilities and shareholders' equity 630 rences $1,220 1,850 2,300 1,400 $6.770 $1.00 1,850 2.300 $5,60 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 tumover ratio Average collection period Asset urnover mes mes mes