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The 2021 income statement of Anderson Medical Supply Company reported net sales of $11 million, cost of goods sold of $6.1 million, and net income of $865,000. The following table shows the company's comparative balance sheets for 2021 and 2020: ($ in thousands) 2021 2020 $ 560 960 1,550 3,700 $ 6,770 $ 640 630 960 3,420 $ 5,650 Assets Cash Accounts receivable Inventory Property, plant, and equipment (net) Total assets Liabilities and shareholders' equity Current liabilities Bonds payable Common stock Retained earnings Total liabilities and shareholders' equity $1,220 1,850 2,300 1,400 $ 6,770 $1,090 1,850 2,300 410 $5,650 Required: 1. Calculate Anderson's turnover ratios for 2021. (Use 365 days a year. Round your answers to 2 decimal places.) times times Inventory turnover ratio Receivables turnover ratio Average collection period Asset turnover ratio days times