The balance sheet and income statement for Joe's Fish Hut are presented below:

Joe's Fish Hut Balance Sheet As at September 30 20182017ASSETS Current Assets Cash$187,769$62,700Accounts receivable$23,700$16,500Merchandise Inventory$22,400$29,100Total Current Assets$233,869$108,300Property, plant & equipment$135,000$185,000Less: Accumulated depreciation$-27,400$-21,500TOTAL ASSETS$341,469$271,800 LIABILITIES AND EQUITY Liabilities Current Liabilities Accounts payable$30,400$36,900Notes Payable - Current Portion$9,800$9,800Total Current Liabilities$40,200$46,700Notes Payable - Noncurrent Portion$89,000$45,000TOTAL LIABILITIES$129,200$91,700Stockholders' Equity Common stock$66,000$54,000Retained earnings$146,269$126,100TOTAL STOCKHOLDERS' EQUITY$212,269$180,100TOTAL LIABILITIES AND EQUITY$341,469$271,800

Joe's Fish Hut Income Statement For the Year Ended September 30, 2018Sales$140,000COGS$89,200Gross Profit$50,800Operating Expenses Insurance Expense$1,480Rent Expense$5,770Salaries Expense$4,590Telephone Expense$780Interest Expense$1,250Depreciation Expense$5,900Total Operating Expenses$19,770Operating Profit Before Tax$31,030Income Tax Expense$10,861Net Profit (Loss)$20,169

Complete the following ratio analysis. Do not enter dollar signs or commas in the input boxes. Round all answers to 2 decimal places. a) Calculate the days sales outstanding ratio for 2018. Assume all sales are credit sales. Days sales outstanding: days b) Calculate the accounts receivable turnover for 2018. Assume all sales are credit sales Accounts Receivable turnover: times c) Calculate the days' sales in inventory ratio for 2018. Days' Sales in Inventory: days d) Calculate the inventory turnover for 2018. Inventory turnover: times