Cullumber Medical manufactures hospital beds and other institutional furniture. The companys comparative balance sheet and income statement for 2019 and 2020 follow.

Cullumber Medical Comparative Balance Sheet As of December 31
		2020		2019
Assets
Current assets
Cash		$397,000		$417,400
Accounts receivable, net		1,089,000		776,400
Inventory		733,000		681,050
Other current assets		381,400		247,100
Total current assets		2,600,400		2,121,950
Property, plant, & equipment, net		8,616,245		8,439,830
Total assets		$11,216,645		$10,561,780
Liabilities and Stockholders Equity
Current liabilities		$3,156,000		$2,846,050
Long-term debt		3,702,600		3,892,600
Total liabilities		6,858,600		6,738,650
Preferred stock, $5 par value		58,900		58,900
Common stock, $0.25 par value		104,650		103,850
Retained earnings		4,194,495		3,660,380
Total stockholders equity		4,358,045		3,823,130
Total liabilities and stockholders equity		$11,216,645		$10,561,780

Cullumber Medical Comparative Income Statement and Statement of Retained Earnings For the Year
		2020		2019
Sales revenue (all on account)		$10,177,300		$9,613,950
Cost of goods sold		5,612,300		5,298,700
Gross profit		4,565,000		4,315,250
Operating expenses		2,840,250		2,634,200
Net operating income		1,724,750		1,681,050
Interest expense		300,300		308,650
Net income before taxes		1,424,450		1,372,400
Income taxes (30%)		427,335		411,720
Net income		$997,115		$960,680
Dividends paid
Preferred dividends		29,550		29,500
Common dividends		433,450		413,100
Total dividends paid		463,000		442,600
Net income retained		534,115		518,080
Retained earnings, beginning of year		3,660,380		3,142,300
Retained earnings, end of year		$4,194,495		$3,660,380

Calculate the following liquidity ratios for 2020. (If working capital is negative then enter with a negative sign preceding the number or parentheses, e.g. -15,000 or (15,000). Round all answers except working capital to 2 decimal places, e.g. 2.55.)

a.	Working capital		$
b.	Current ratio
c.	Acid-test ratio
d.	Accounts receivable turnover			times

Calculate the following liquidity ratios for 2020. (Round average collection period to 0 decimal place, e.g. 25 and inventory turnover ratio to 2 decimal places, e.g. 5.12. Use 365 days for calculation.)

a.	Average collection period		days
b.	Inventory turnover		times

Calculate average days to sell inventory for 2020. (Round answer to 0 decimal places, e.g. 25. Use 365 days for calculation.)

Average days to sell inventory

days