Sales for the year for Fuji Company were $1,100,000, 70 percent of which were on credit. The average gross profit on sales was 45 percent. Additional account balances were:

Sales for the year for Fuji Company were $1,100,000,70 percent of which were on credit. The average gross profit on sales was 45 percent. Additional account balances were: Required: Compute the turnover for the accounts receivable and inventory, the average days to collect receivables, and the average days to se inventory. Complete this question by entering your answers in the tabs below. Compute the turnover for the accounts receivable and inventory. Note: Round your intermediate calculations and final answers to 2 decimal places. Compute the turnover for the accounts receivable and inventory, the average days to collect receivables, and the average days to sell nventory. Complete this question by entering your answers in the tabs below. Compute the average days to collect receivables, and the average days to sell inventory. Note: Use 365 days in a year. Round your intermediate calculations and final answers to 2 decimal places