Given the following information, answer the questions provided in the space below. Cash Gross accounts receivable Allowance for doubtful accounts Inventory Prepaid expenses Total long-term assets (net) Total assets Net credit sales Cost of goods sold Gross profit Net income 2019 $ 10,000 30,000 3,600 43,000 5,000 2018 $ 15,000 25,000 1,750 40,000 7,000 112,000 114,000 196,400 199,250 370,000 333,000 150,000 160,000 220,000 173,000 70,000 57,000 1. If target accounts receivable turnover is 30 days, how well is this company managing its accounts receivable in 2019? Be sure to include your calculations. 2. If target inventory turnover is 90 days, how well is this company managing its inventory in 2019? Be sure to include your calculations. 3. All of this company's competitors have a return on assets of 25.2 - 26.1%. How does this company compare? Are they better or worse?

Given the following information, answer the questions provided in the space below. 1. If target accounts receivable turnover is 30 days, how well is this company managing its accounts receivable in 2019? Be sure to include your calculations. 2. If target inventory turnover is 90 days, how well is this company managing its inventory in 2019? Be sure to include your calculations. 3. All of this company's competitors have a return on assets of 25.226.1%. How does this company compare? Are they better or worse