4) A firm has sales of $ 1.03 million, net income of $ $248,000, total current assets of $261,000, and accounts receivable of $180,000. Thefirm's accounts receivable turnoveris:

A 6.64 times

B. 6.58 times

C. 5.78 times

D. 5.72 times

E. 5.89 times

5) If a firm has 102,000 shares of common stock outstanding and has just recorded $45,000 netincome, what is itsprice/earnings ratio if its current share price is $39?

A. 89

B. 71

C. 107

D. 98

E. 80

Please show calculations for theses two problems, thank you.