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The 2021 income statement of Anderson Medical Supply Company reported net sales of $8 million, cost of goods sold of $51 million, and net income

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The 2021 income statement of Anderson Medical Supply Company reported net sales of $8 million, cost of goods sold of $51 million, and net income of $815.000. The following table shows the company's comparative balance sheets for 2021 and 2020: $ in thousands) 2021 2020 5 360 768 1,050 2,780 $4,870 $ 440 530 850 2,428 $ 4,240 Assets Cash Accounts receivable Inventory Property, plant, and equipment (net) Total assets Liabilities and shareholders! equity Current liabilities Bonds payable Common stock Retained earnings Total liabilities and shareholders equity $1,020 1,350 1,300 1,200 $4,870 $ 890 1,350 1,308 700 $ 4,248 Required: 1. Calculate Anderson's turnover ratios for 2021. (Use 365 days a year. Round your answers to 2 decimal places.) Inventory turnover ratio Receivables tumover ratio Average collection period Asset turnover ratio times times days times

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