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Patagonia Outdoors has just released the following financials about fiscal year 2020. Gross income $ 63,783,000 Total sales 61,465,000 Total credit sales 32,937,000 Net income

Patagonia Outdoors has just released the following financials about fiscal year 2020.

Gross income $ 63,783,000
Total sales 61,465,000
Total credit sales 32,937,000
Net income 7,516,000
Cost of goods sold 31,840,000
Total assets 15,368,000
Average inventory 8,704,000
Average receivables 5,020,000

a. Compute the receivable turnover ratio. (Round your answer to 3 decimal places.)

b. Compute the inventory turnover ratio. (Round your answer to 3 decimal places.)

c. Compute the asset turnover ratio. (Round your answer to 3 decimal places.)

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