Question 2 of 8 The following information is available for Blue Spruce Corp.for three recent fiscal years. Inventory Net sales Cost of goods sold 2022 $552.000 2,000,000 1,668,000 2021 $560,000 1,705,000 1,364,000 2020 $320,000 1,365,000 938,000 (a) Calculate the inventory turnover, days in inventory, and gross pront rate for 2022 and 2021. (Round inventory turnover to 1 decir place, es. 5.2 days in inventory to O decimal places, es. 125 and gross profit rate to 1 decimal place, 08.5.2%) 2022 2021 Inventory Turnover Days in Inventory times times days days Gross Profit Rate X e Textbook and Media Assistance Used Question 3 of 8 (in millions) Accounts receivable (gross) Accounts receivable (net) Allowance for doubtful accounts Sales revenue Total current assets 2022 $3,720 3,350 370 36,575 7.190 2021 $4,640 4,350 290 39,075 7.252 Answer each of the following questions (a) Calculate the accounts receivable turnover and the average collection period for 2022 for FedEx (Round answers to 1 decimal place, es. 12.5. Use 365 days for calculation.) Accounts receivable turnover times The average collection period for 2022 days Question 3 of 8 (in millions) Accounts receivable (gross) Accounts receivable (net) Allowance for doubtful accounts Sales revenue Total current assets 2022 $3,720 3,350 370 36,575 7.190 2021 $4,640 4,350 290 39,075 7,252 Answer each of the following questions. (a) Calculate the accounts receivable turnover and the average collection period for 2022 for FedEx. Round answers to I decimal place. es. 12.5. Use 365 days for calculation) Accounts receivable turnover times The average collection period for 2022 days