Tsang Company reports the following in its most recent year of operations: Net sales, $2,000,000 (all on account) Cost of goods sold, $977,500 Gross profit, $1,022,500 Accounts receivable, beginning of year, $220,000 Accounts receivable, end of year, $280,000 Merchandise inventory, beginning of year, $110,000 Merchandise inventory, end of year, $120,000. Based on these balances, compute: a. The accounts receivable turnover b. The average collection period c. The inventory turnover d. The average number of days in inventory Complete this question entering your answers in the tabs below. Required a Required b Required c Required d The accounts receivable turnover. Accounts Receivable Turnover Choose Numerator Choose Denominator Net sales Average accounts receivable $ 2,000,000 + Accounts Receivable Turnover Required a Required b Required a Required b Required c Required d The average collection period. (Assume 365 days a year.) Average Collection Period Choose Denominator Accounts receivable turnover Choose Numerator 365 days Average Collection Period 0 Required a Required b Required c Required d The average days in inventory. (Assume 365 days a year.) Average Days in Inventory Choose Denominator Choose Numerator Average Days in Inventory - 0