A company had sales of $$800,000$ during a year in which the cost of goods sold was $$500,000$; beginning receivables were $$40,000$; and ending receivables were $$50,000.$ Net income for the year was $$130,000.$ What was the company's accounts receivables turnover rate, rounded to the nearest tenth?

Multiple choice question.

$16$ times

$20$ times

$2\mathrm{.}9$ times

$17\mathrm{.}8$ times