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The 2021 Income statement of Anderson Medical Supply Company reported net sales of $9 million, cost of goods sold of $5.9 million, and net Income

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The 2021 Income statement of Anderson Medical Supply Company reported net sales of $9 million, cost of goods sold of $5.9 million, and net Income of $855,000. The following table shows the company's comparative balance sheets for 2021 and 2020: (s in thousands) 2021 202e * $20 612 450868 usoment (not) Assets Cash Accounts receivable Inventory Property, plant, and equipa Total assets Liabilities and shareholders' equity Current liabilities Bonds payable 500 95.00 1,13 $1.se 2015 - comon stock Retained earnings Total liabilities and shareholders' equity Required: 1. Calculate Anderson's turnover ratios for 2021 (Use 365 days a year. Round your answers to 2 decimal places.) Inventory turnoverato Receivables turnover ratio Average collection period Anoturnoverato

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