interest rate on the bond payable was 10%, the income tax rate was 40%, and the dividend per share of common stock was $075 last year and $0.40 this year. The market value of the company's common stock at the end of this year was $24. Al of the company's sales are on account Required: Compute the following financial data for this year. 1. Accounts receivable turnover. (Assume that all sales are on account) (Round your onswer to 2 decimol places.) 2. Average collection period. (Use 365 doys in o year. Round your intermediate calculations and final answer to 2 decimal places.) 3. Inventory turnover. (Round your answer to 2 decimal ploces.) 4. Average sale period. (Use 365 days in a year. Round your intermediate calculations and final answer to 2 decimol places.) 5. Operating cycle. (Round your intermediate calculations and final onswer to 2 decimal places.) 6. Total asset turnover. (Round your answer to 2 decimal places.) interest rate on the bond payable was 10%, the income tax rate was 40%, and the dividend per share of common stock was $075 last year and $0.40 this year. The market value of the company's common stock at the end of this year was $24. Al of the company's sales are on account Required: Compute the following financial data for this year. 1. Accounts receivable turnover. (Assume that all sales are on account) (Round your onswer to 2 decimol places.) 2. Average collection period. (Use 365 doys in o year. Round your intermediate calculations and final answer to 2 decimal places.) 3. Inventory turnover. (Round your answer to 2 decimal ploces.) 4. Average sale period. (Use 365 days in a year. Round your intermediate calculations and final answer to 2 decimol places.) 5. Operating cycle. (Round your intermediate calculations and final onswer to 2 decimal places.) 6. Total asset turnover. (Round your answer to 2 decimal places.)