Syed's Industries has accounts receivable of $700, inventory of $1,200, sales of $4,200, and cost of goods sold of $3,500.

1. What is Syed's inventory turnover?

2. What is Syed's Accounts Receivable Turnover?

3. How long does it take Syed's to both sell its inventory and then collect the payment on the sale?

Label each answer clearly and include your calculations below your answers

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