The 2021 income statement of Anderson Medical Supply Company reported net sales of $12 million, cost of goods sold of $6.8 million, and net income of $900,000. The following table shows the company's comparative balance sheets for 2021 and 2020: ($ in thousands) 2021 2020 Assets Cash 700 $ 780 1,100 1,400 4,400 Accounts receivable 700 Inventory Property, plant, and equipment (net) 1,310 4,120 Total assets Liabilities and shareholders' equity $7,600 $6,910 $1,360 2,200 Current liabilities $1,230 Bonds payable 2,200 Common stock 3,000 3,000 Retained earnings 1,040 480 es Total liabilities and shareholders' equity $7,600 $6,910 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 turnover ratio Average collection period times times days Asset turnover ratio times