Item	Beginning	Ending
Inventory	6,000	8,200
Accounts receivable	2,800	3,200
Accounts payable	3,820	5,840

Credit sales for the year just ended were $75,000, and cost of goods sold was $40,000.

Buddha explained that the company can change some aspects of its short-term financial policy and find alternative financing policies to fund current assets to improve its working capital management.

1. Calculate the following utilization ratios for Exotic Cuisines Inc.

i. inventory period

ii. receivables period

iii. payables period