Chapter 11 Homework A Saved 4 The following information was available for the year ended December 31, 2019: points Net sales Cost of goods sold Average accounts receivable for the year Accounts receivable at year-end Average inventory for the year Inventory at year-end $748, 250 587,650 37,400 31,800 150,000 156,975 Skipped eBook Required: a. Calculate the inventory turnover for 2019. (Round your answer to 2 decimal places.) b. Calculate the number of days' sales in inventory for 2019, using year-end inventories. (Use 365 days a year 1 decimal place.) c. Calculate the accounts receivable turnover for 2019. (Round your answer to 1 decimal place.) d. Calculate the number of days' sales in accounts receivable for 2019, using year-end accounts receivable (Us Round your answer to 1 decimal place.) Hint Print o References a. Inventory turnover b Number of days' sales in Inventory c. Accounts receivable turnover d. Number of days' sales in accounts receivable times days times days