Calculate activity measures The following information was available for the year end...

Calculate activity measures The following information was available for the year ended December 31, 2013:

Required:

a. Calculate the inventory turnover for 2013.

b. Calculate the number of days’ sales in inventory for 2013, using year-end inventories.

c. Calculate the accounts receivable turnover for 2013.

d. Calculate the number of days’ sales in accounts receivable for 2013, using year-end accounts receivable.