The 2021 income statement of Anderson Medical Supply Company reported net sales of $9 million, cost of goods sold of $4.9 million, and net income of $805,000. The following table shows the company's comparative balance sheets for 2021 and 2020: ($ in thousands) 2021 2020 $ 320 720 950 2,500 $ 4,490 $ 400 510 750 2,220 $ 3,880 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 $ 980 1,250 1,100 1,160 $ 4,490 $ 850 1,250 1,100 680 $ 3,880 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 Asset turnover ratio times times days times