A) For the FY 2018, Frederick Company had net sales of $800,000 and net income of $100,000, paid income taxes of $17,500, and had before tax interest expense of $10,000.Use this information to determine the Times Interest Earned Ratio.(Round your answers to one decimal place)

B) The following financial information isfor Annapolis Corporationarefor the fiscal years ending 2019 & 2018 (all balances are normal):

Item/Account

2019

2018

Accounts Receivable

$32,000

$30,000

Inventory

42,000

38,000

Net Sales (all credit)

310,000

350,000

Cost of Goods Sold

154,000

152,000

Net Income

27,200

24,800

Use this information to determinetheaccounts receivable averagecollection period for FY 2019.(Use 365 day year.Round your answers to one decimal place.)