Saved Help HW Save & E Che The 2021 income statement of Anderson Medical Supply Company reported net sales of $8 million, cost of goods sold of $5.1 million, and net income of $815,000. The following table shows the company's comparative balance sheets for 2021 and 2020: (5 in thousands) 2021 2020 $ 360 760 1,050 2,700 $ 4,870 $ 440 530 850 2,420 $ 4,240 Assets Cash Accounts receivable Inventory Property, plant, and equipment (net) Total assets Liabilities and shareholders' equity Current liabilities Bonds payable Connon stock Retained earnings Total liabilities and shareholders' equity $1,020 1,350 1,300 1,200 $ 4,870 $ 890 1,350 1,300 700 $ 4,240 Required: 1. Calculate Anderson's turnover ratios for 2021. (Use 365 days a year. Round your answers to 2 decimal places.) Total liabilities and shareholders' equity $ 4,870 $ 4,249 Required: 1. Calculate Anderson's turnover ratios for 2021. (Use 365 days a year. Round you Inventory turnover ratio Receivables turnover ratio Average collection period Asset turnover ratio times times days times