The 2024 income statement of Anderson Medical Supply Company reported net sales of $11 million, cost of goods sold of $6.1 million, and net income of $865,000. The following table shows the company's comparative balance sheets for 2024 and 2023: ($ in thousands) 2024 2023 $ 560 $ 640 960 630 1,550 960 3,420 3,700 $ 6,770 $ 5,650 $ 1,220 $ 1,090 1,850 2,300 1,850 2,300 1,400 410 $ 6,770 $ 5,650 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 Required: 1. Calculate Anderson's turnover ratios for 2024. Note: Use 365 days a year. Round your answers to 2 decimal places. > Answer is complete but not entirely correct. Inventory turnover ratio Receivables turnover ratio Average collection period Asset turnover ratio 3.01 times 8.62 times 42.34 days 1.14 times