Hawk Company wants to determine the liquidity of its receivables. It has supplied you with the following data regarding selected accounts for December 31, 2011, and 2010: Required a. Compute the number of days' sales in receivables at December 31, 2011, and 2010. b. Compute the accounts receivable turnover for 2011 and 2010. (Use year-end gross receivables.) c. Comment on the liquidity of Hawk Company receivables