Procter & Gamble is a multinational corporation that manufactures and markets many products that are probably in your home. Last year, sales for the company were $76,479 (all amounts in millions). The annual report did not disclose the amount of credit sales, so we will assume that 70 percent of sales were on credit. The average gross profit rate was 50 percent on sales. Account balances follow: Accounts receivable (net) Inventory Beginning Ending $ 6,631 $ 5,732 6,293 6,837 Required: 1. Compute the turnover for the accounts receivable and inventory. (Round your answers to 1 decimal place.) Turnover 42.11 Accounts receivable Inventory 2. Compute the average age of receivables, and the average days' supply of inventory. (Use 365 days in a year. Round your answers to 1 decimal place.) Days Accounts receivable Inventory