A corporation reports the following year-end balance sheet/income statement data. The company's accounts receivable turnover ratio for Year 2 is: Year 2 Year 1 Cash $ 38,500 $ 33,250 Short-term investments Accounts receivable, net Merchandise inventory Prepaid expenses Plant assets Accounts payable Net sales 100,000 65,000 90,500 84,500 126,000 130,000 13,100 10,700 393,000 343,000 108,400 112,800 716,000 681,000 Cost of goods sold 395,000 380,000 8.18 times. 5.68 times. 8.47 times. 7.91 times. 7.16 times