The 2021 income statement of Anderson Medical Supply Company reported net sales of $7 million, cost of goods sold of $5.0 million, and net income of $810,000. The following table shows the company's comparative balance sheets for 2021 and 2020: ($ in thousands) 2021 2020 $ 340 740 1,000 $ 420 520 800 2,320 $ 4,060 2,600 $ 4,680 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 $1,000 1,300 1,200 1,180 $ 4,680 $ 870 1,300 1,200 690 $ 4,060 Required: 1. Calculate Anderson's turnover ratios for 2021. (Use 365 days a year. Round your answers to 2 decimal places.) times Inventory turnover ratio Receivables turnover ratio Average collection period Asset turnover ratio times days times