2015 2014 2015 Awets Current Assets Cash Accounts Receivable Credit Card Receivable Marketable Securities Notes Receivable Inventory Prepaid Expenses Total Current Assets $25,000 $5,000 57.000 $20.000 $30,000 $32000 $40.000 $159.000 $23,000 $4.500 $6,000 $18,000 $25.000 $27.000 $36.000 $129.500 Revenues Sales Cash Sales AR Sales Credit Card Sales Total Sales Cost of Sales Gross Profit $45,000 $21,000 $76,000 $142,000 $38.340 $103,660 Direct Operating Expenses Payroll Expenses Other Expenses Total Departmental perses Fund Avusts $14.200 $12,780 526,900 Gross Operating Income 576.GRO tau pment Purniture Building Total xed Assets Less Acc. Depreciation Net Fixed Assets $210.000 $80.000 $400,000 $690,000 $42.000 $548,000 $200.000 575.000 $400,000 $675.000 $39,000 $636,000 Total Assets $807,000 $775,500 Understributed Operating Expenses Administrative & General $5,680 Sales & Marketing $9.940 Property & Maintenance $5,680 Utilities $4260 Total Und. Op. Exp $25,560 Income Before Fixed Charges $51,120 Liabilities & Equity Cure Lawries Accounts Payable Notes Payable Uneamed Revenue Current Mortgage Payable Accrued Expenses Payable Total Current Liabilities $25.000 $50,000 $25,000 $13,000 $15,000 $128,000 $22,000 $60,000 $20,000 $11,000 $12.600 $126,600 Fixed Charges Property Taxes Insurance Total Fixed Charges $11,360 $8.520 $19,RRO Long Term Liabilities EBITDA 531,240 $90,000 Loan Mortgage Total Long Term Liabilities $100,000 $300,000 $400,000 $310.000 $400,000 Interest Expense Depreciation $3,195 57.100 Total Lilities 5528,000 $526,600 Larnings Before Tax Income Tax $20.945 36.284 $14,662 Net Income Owners' Equity Capital Retained Carnings Total Equity $258,000 $21,000 $279.000 327900 $10,000 $248.900 Total Equity & Liabilities $807.000 S775.500 What is the CREDIT CARD RECEIVABLE TURNOVER for 2015? Select one: O a. 12.67 b. 11.69 O C 15.72 d. 10.45