The 2020 and 2021 partial balance sheets forSheridanManufacturing Company appear below along with selected financial information:

2020 2021

Current Assets

Cash $23,000 $22,000

Accounts receivable, net 28,000 26,000

Inventory 37,000 41,000

Total current assets 88,000 89,000

Plant & equipment, net 67,000 47,000

Total assets 155,000 136,000

Net credit sales $137,000 $127,980

Cost of goods sold 104,000 86,970

Gross profit $33,000 $41,010

(a)

CalculateSheridan's inventory turnover and average days to sell inventory for 2021.(Round inventory turnover to 2 decimal places, e.g. 52.75 and average days to sell inventory to 1 decimal place, e.g. 52.1.)

2021

Inventory turnoverenter________times per year

Average days to sell _____________days

Accounts receivable_____times

Current ratio$___

Working Capital____

Debt Ratio_____

Acid-Test_____

Debt to equity ratio______