Exercise 5-76 (Algorithmic) Ratio Analysis The following information was taken from Nash Inc.'s trial balances as of December 31, 2018, and December 31, 2019. 12/31/2019 12/31/2018 Accounts receivable $32,000 $39,000 Accounts payable 47,000 36,000 Sales 226,400 128,000 Sales returns 4,000 2,300 Retained earnings 47,000 16,000 Dividends 5,000 1,000 Net Income 36,000 9,000 Required: 1. Calculate the net profit margin and accounts receivable turnover for 2019. Assume a 365-day year. If a percentage, enter your answer rounded to two decimal places (.. 0248563 to 2.49%). Otherwise round your answer to two decimal places. 2019 Net profit margin 16.78 X % Accounts receivable turnover 2. How much does Nash make on each sales dollar? Round your answer to two decimal places cents 3. How many days does the average receivable take, in a 365 year to be paid (assuming all sales are on account)? Round your answer to nearest day