Double West Suppliers (DWS) reported sales for the year of $240,000, all on credit. The average gross profit percentage was 35 percent on sales. Account balances follow: Required: 1. Compute the following turnover ratios. 2. By dividing 365 by your ratios from requirement 1, calculate the average days to collect receivables and the average days to sell inventory. Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. By dividing 365 by your ratios from requirement 1 , calculate the average days to collect recelvabies and the average days to sell inventory, (Use 365 days in a year. Round turnover ratio calculation and final answers to 1 decimal place.)