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the following inventory and sales data for this year for the g rabbit company are 544346

The following inventory and sales data for this year for the G. Rabbit Company are:

End

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Beginning

of Year

of Year

Net sales

$3,150,000

Gross receivables

180,000

$160,000

Inventory

480,000

390,000

Cost of goods sold

2,250,000

Required Using the above data from the G. Rabbit Company, compute:

a. The accounts receivable turnover in days

b. The inventory turnover in days

c. The operating cycle

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