Last year, Dogwood Company had net sales of $9,130,000 and cost of goods sold of $4,812,000. Dogwood had the following balances:

	January 1	December 31
Accounts receivable	$725,000	$775,000
Inventory	450,000	425,000

Required:

Note: Round answers to one decimal place. Assume 365 days per year.

1. Calculate the average accounts receivable. $

2. Calculate the accounts receivable turnover ratio. times

3. Calculate the accounts receivable turnover in days. days