Below Is Selected Data of Pronto Company Required:
A

Below is selected data of Pronto Company:
$\begin{array}{c}\begin{array}{|l|} \hline \text {Balanice Sleet Data}\\ \hline \\ \hline \text {Accounts receivable}\\ \hline \text {Allowance for doubtful accounts}\\ \hline \text {Net accounts receivable}\\ \hline \\ \hline \text {Inventories - LCM}\\ \hline \\ \hline \text {Income Statement Data}\\ \hline \text {Net credit sales}\\ \hline \text {Net cash sales}\\ \hline \text {Net sales}\\ \hline \text {Cost of goods sold}\\ \hline \text {Selling, general and adm. expenses}\\ \hline \text {Other}\\ \hline \text {Total operating expenses}\\ \hline \text {Net income}\\ \hline\end{array}\begin{array}{l|} \hline \text {As of December 31:}\\ \hline2012\\ \hline\$ 671,000 \\ \hline\underline{31,000}\\ \hline\$ 640,000\\ \hline\\ \hline \$ 542,500\\ \hline\\ \hline\\ \hline\underline{\$ 3,150,000} \\ \hline\underline{800,000}\\ \hline\underline{\$ 3,950,000} \\ \hline \$ 2,370,000 \\ \hline475,000\\ \hline150,000\\ \hline \underline{\$ 2,995,000 }\\ \hline\underline{ \$ 955,000}\\ \hline\end{array}\begin{array}{l|} \hline\\ \hline2011\\ \hline\$642,000\\ \hline\underline{22,000}\\ \hline\$620,000\\ \hline\\ \hline\$642,500\\ \hline\\ \hline\\ \hline\$3,000,000\\ \hline\underline{600,000}\\ \hline\underline{\$3,600,000}\\ \hline\$2,160,000\\ \hline350,000\\ \hline125,000\\ \hline\underline{\$2,635,000}\\ \hline\underline{\$965,000}\\ \hline\end{array}\end{array}$
Required:
a. What is the accounts receivable turnover for 2012?
b. What is the inventory turnover for 2012?