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Excerpts from Candle Corporation's most recent balance sheet (in thousands of dollars) appear below. Year 2 Year 1 Current assets: Cash Accounts receivable Inventory Prepaid

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Excerpts from Candle Corporation's most recent balance sheet (in thousands of dollars) appear below. Year 2 Year 1 Current assets: Cash Accounts receivable Inventory Prepaid expenses $ 180 $ 160 180 190 140 180 52 62 Total current assets $ 552 $ 592 Current liabilities: Accounts payable Accrued liabilities Notos payable, short term $ 110 $ 110 100 82 62 52 Total current liabilities $ 272 $ 244 Sales on account during the year totaled $1,380 thousand. Cost of goods sold was $860 thousand. e. Compute the following average collection period for Year 2.(Use 365 days in a year. Round your intermediate calculations to 2 decimals places and your final answer to 2 decimal places.) Average collection period Days f. Compute the following inventory turnover for Year 2. (Round your answer to 2 decimal places.) Inventory turnover g. Compute the following average sale period for Year 2. (Use 365 days in a year. Round your intermediate calculations to 2 decimals places and your final answer to 2 decimal places.) Average sale period Days

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