Question 2 Selected financial data for Carla Vista Ltd. are shown below. Net sales Cost of goods sold Accounts receivable (gross) Inventory 2021 $6,460,000 4,480,000 850,000 1,020,000 2020 $6,280,000 4,490,000 750,000 950,000 2019 $5,420,000 3,940,000 650,000 840,000 (a) Calculate for each of 2021 and 2020 the following ratios: (Round receivables turnover and inventory turnover to 1 decimal place, e.g. 52.6. Inventory and operating cycle to 0 decimal places, 6.9. 125. Use 365 days for calculation) 2021 2020 Receivables turnover times times Collection period days days Inventory turnover times times Days sales in inventory days days days days Operating cycle By accessing this Ouestion Assistance, you will learn while you earn points based on the Point Potential Policy set by your instructor