For its most recent year a company had sales (all on credit) of $830,000 and cost of goods sold of $525,000. At the end of the year its accounts receivables were 86,000 and its inventory was $110,000. Accounts Payable was $5000 and net income was $42,000

1. Calculate the accounts receivable Turn Days 2.Calculate the inventory turn days

For its most recent year a company had Sales (all on credit) of $830,000 and Cost of Goods Sold of $525,000. At the end of the year its Accounts Receivable were $86,000 and its Inventory was $110,000. Accounts Payable was $5,000 and Net Income was $42,000. 1. Calculate the Accounts Receivable Turn Days 2. Calculate the Inventory Turn days