The 2024 income statement of Anderson Medical Supply Company reported net sales of $12 million, cost of goods sold of $6.2 million, and net income of $870,000. The following table shows the company's comparative balance sheets for 2024 and 2023: (5 in thousands) 2924 2023 Assets Cash Accounts receivable $ 580 $660 980 640 Inventory 1,600 1,010 Property, plant, and equipment (net) 3,800 3,520 Total assets $ 6,960 $5,830 Current liabilities Liabilities and shareholders' equity Bonds payable $1,240 1,900 $1,110 1,900 Common stock 2,400 2,400 Retained earnings Total liabilities and shareholders' equity Required: 1. Calculate Anderson's turnover ratios for 2024. Note: Use 365 days a year. Round your answers to 2 decimal places. 3,420 420 56,960 $ 5,530 Inventory turnover ration Receivables turnover ratio Average collection period Asset turnover ratio times times days times