2. Computation and evaluation of activity ratios. The following

2. Computation and evaluation of activity ratios. The following data relate to Alaska Products, Inc:,, 19X5 19X4,Net credit sales $832,000 $760,000,Cost of goods sold 440,000 350,000,Cash, Dec. 31 125,000 110,000,Average Accounts receivable 180,000 140,000,Average Inventory 70,000 50,000,Accounts payable, Dec. 31 115,000 108,000,,a. Compute the accounts receivable and inventory turnover ratios for 19X5. Alaska rounds all calculations to two decimal places.,