Excerpts from Dowling Company's December 31, 2018 and 2017, financial statements and key ratios are presented below (all numbers are in millions): Accounts receivable (net) Net sales Cost of goods sold Net income Inventory turnover Return on assets Equity Multiple 2018 $ 28 $ 123 $ 69 $ 28 5.60 11.0% 2.44 2017 $ 24 $108 $ 63 $ 25 Dowling's average inventory balance for 2018 is: (Round your answer to 1 decimal places.) Excerpts from Hulkster Company's December 31, 2018 and 2017, financial statements are presented below: Accounts receivable Merchandise inventory Net sales Cost of goods sold Total assets Total shareholders' equity Net income 2018 $ 46,000 31,000 212,500 120,000 431,000 246,000 37,000 2017 $ 39,000 41,000 206,000 111,000 408,000 228,000 31,000 Hulkster's 2018 inventory turnover is: (Round your answer to 2 decimal places.) Excerpts from Hulkster Company's December 31, 2018 and 2017, financial statements are presented below: Accounts receivable Merchandise inventory Net sales Cost of goods sold Total assets Total shareholders' equity Net income 2018 $ 66,000 41,000 345,000 140,000 451,000 266,000 52,000 2017 $ 49,000 61,000 330,000 121,000 418,000 238,000 41,000 Hulkster's 2018 receivables turnover is: (Round your answer to 2 decimal places.)