The following partial income statement and balance sheet information (in $ millions) comes from the Annual Report of Saratoga Springs Co. for the year ending 12/31/2016:

	Year ended 12/31/2016
Net sales		16,274
Total operating revenue		16,274
Cost of goods sold		10,003
Sales, general & administrative		2,584
Interest expense		791
Income before tax		1,042
Net income		863

	12/31/2016			12/31/2015
Cash and cash equivalents		1,350			139
Receivables, net		1,890			665
Inventories		1,880			1,044
Land, buildings and equipment at cost, net		22,670			10,507
Total assets		27,790			12,355
Accounts payable		10,671			6,794
Total current liabilities		10,671			6,794
Long-term debt		9,416			4,696
Deferred income taxes		752			798
Total liabilities		20,839			12,288
Minority interest		558			0
Retained earnings		6,393			67
Total stockholders' equity		6,951			67

Required:

Compute the profit margin on sales for 2016 of Saratoga Springs Co. (Round your answer to 1 decimal place.)

Required:

Compute the receivables turnover ratio for 2016 of Saratoga Springs Co. (Round your answer to 1 decimal place.)

Required:

Compute the inventory turnover ratio for 2016 of Saratoga Springs Co. (Round your answer to 1 decimal place.)

Required:

Compute the average collection period for 2016 of Saratoga Springs Co. (Round your intermediate and final answers to 1 decimal place. Use 365 days a year.)