(Evaluatng liquiden) The Tabor Sulss Conpany had a gross proft margin (gross profts + sales) of 306 percent and sales of $92m illon last year. Seventy Eve percont of the firmis sales are on redt and the remainder are cash sales. Tabors curtent assets equal $2.2 milion, is current laboties equat $293,000, and it has $104,000 in cash phes macketable securties. a. If Tabor's accounts recelvable are $562,500, what is its average colection period? b. Ir Tabor reduces bs average collecton penod to 23 daya, what will be its new lievel ef acopunts receivebie? c. Tabore inventory tumover rase is 9.7 simes. What is the level of Tabor's inventores? a. If Tebers acseunts recehable are \$se2 s00, its average colection pericd is tays. (Round to fwo docimal places) (Round to the neavest dollaf) 6. If Tabor' invenlory tumerer nato is 97 tmes, the level of Tabers inverilories is 1 (Round io the nearest dotid)