QUESTION 4 b) Winter Corporation has issued ordinary shares only. The company has been successful, and the gross profit is 30% of sales. company's financial statements. Beginning inventory $ 482,000 Purchases 5,636,000 Ending inventory Average accounts receivable 700,000 Average ordinary shareholders' equity 3,500,000 Sales revenue (Including $3000,000 cash sale) 10,000,000 Net income 525,000 Instructions Compute the following: (a) Accounts receivable turnover and the average collection period in days (4 Marks) (b) Inventory turnover and the days in inventory (6 Marks) (c) Retum on ordinary shareholders' equity. (3 Marks) TTT Arial 3(12pt) T Click Save and Submit to save and submit. Click Save All Answers to save all answers. MacBook Pro