Computech Industries Below is financial data for Computech Industries current year.
Net sales on account during year	$500,000
Cost of merchandise sold during year	300,000
Accounts receivable, beginning of year	45,000
Accounts receivable, end of year	35,000
Inventory, beginning of year	90,000
Inventory, end of year	110,000

Refer to the data for Computech Industries.

Based on this information, what is the accounts receivable turnover for the current period?

10.0 times

12.5 times

11.1 times

14.3 times

Refer to the data for Computech Industries.

Based on this information, what is Computechs number of days sales in receivables (assuming a 360 day year)?

32.4 days

36.0 days

28.8 days

25.2 days

Refer to the data for Computech Industries.

Based on this information, what is Computechs inventory turnover ratio for the current period?

1.67 times

2.73 times

0.33 times

3.00 times

Refer to the data for Computech Industries.

Based on this information, what is Computechs number of days sales in inventory (assuming a 360 day year)?

132 days

216 days

1,091 days

120 days