The following information was available for the year ended December 31, 2019:

Net sales $438,000

Cost of goods sold350,400

Average accounts receivable for the year29,200

Accounts receivable at year-end33,600

Average inventory for the year116,800

Inventory at year-end110,400

Required:

(a.) Calculate the inventory turnover for 2019.

(b.) Calculate the number of days' sales in inventory for 2019, using year-end inventories.

(c.) Calculate the accounts receivable turnover for 2019.

(d.) Calculate the number of days' sales in accounts receivable for 2019, using year-end accounts receivable.