Refer to the information for Net Devices Inc. What is the accounts receivable turnover ratio for Net Devices for Year 2 ? a. 24.65 b. 10.50 c 14.81 d. 14.85 Refer to the information for Net Devices Inc. What is the inventory turnover for Net Devices for Year 2 ? a. 8.90 b. 2.51 c. 6.23 d. 10.32 UABILTIES ( $ in thousands) INCOME STATEMENTS ( $ in thousands) Fiscal year end Net sales Cost of Goods Sold Gross profit Selling, general \& admin. Exp. Income before deprec, \& amort. Depreciation \& amortization Interest expense Income before tax Provision for income taxes Minority interest Net income Outstanding shares (in thousands) Preferred Dividends (in thousands) Year 2 Year 1 $11,455,500$11,082,100 (8,026.450)(7.940,065) 3,429,0503,142,035 \begin{tabular}{r|r} 1,592,650(1.836,400) & 1,352,835(1,789,200) \\ & \end{tabular} (785.250)(757.250) (46.195) (43340) 761,205552,245 (157.725) (112.290) 308.515303.095 $85,000$85,000 Net Devices Inc. The following balance sheets and income statements are for Net Devices Inc, a manufacturer of small electronic devices, including calculators, personal digital assistants and mp3 players. For purposes of these questions assume that the company has an effective tax rate of 35%