The Following Information Applies to Markham Company:
Additional Information: Net

The following information applies to Markham Company:
Additional information: Net credit sales equal $220,000 and beginning accounts receivable were $11,000.Required:
Compute Markham's:
(a) Quick ratio
(b) Current ratio
(c) Working capital
(d) Accounts receivable turnover
(e) Average days to collect receivables
Round your answers to two decimal places. $\begin{array}{|l|c|}\hline \text { Assets } & \\\hline \text { Cash } & \$ 6,000 \\\hline \text { Accounts receivable } & 13,000 \\\hline \text { Inventory } & 16,000 \\\hline \text { Plant and equipment, net } & 21,000 \\\hline \text { Land } & 19,000 \\\hline \text { Total assets } & \$ 75,000 \\\hline\\\hline {\text { Liabilities and stockholders' equity }} \\\hline \text { Accounts payable } & 5,000 \\\hline \text { Salaries payable } & 10,000 \\\hline \text { Bonds payable (due 2020) } & 12,000 \\\hline \text { Capital stock, no par } & 23,000 \\\hline \text { Retained earnings } & 25,000 \\\hline \text { Total liabilities and stockholders' equity } & 75,000 \\\hline\end{array}$