Question 6 Selected data for Irma's Store appear below. Net credit sales Cost of goods sold Inventory at the end of year Accounts receivable at end of year 2017 2016 $800,000 $520,000 600,000 345,000 65,000 85,000 140,000 110,000 Compute gross profit rate for 2017. Gross profit rate % Compute the inventory turnover for 2017. Inventory turnover times Compute accounts receivable turnover for 2017. (Round answer to 1 decimal place, e.g. 5.1) Accounts receivable turnover times Click if you would like to Show Work for this question: Open Show Work