Accounts Receivable Analysis A company reports the following: Sales $1,900,920 Average accounts receivable (net) 67,890 Determine (a) the accounts receivable turnover and (b) the number of days' sales in receivables. Round interim calculations to the nearest dollar and final answers to one decimal place. Assume a 365-day year. a. Accounts receivable turnover b. Number of days' sales in receivables days Earnings per Share and Price-Earnings Ratio A company reports the following: Net income $324,000 Preferred dividends $18,000 Shares of common stock outstanding 45,000 Market price per share of common stock $87.72 a. Determine the company's earnings per share on common stock. Round your answer to the nearest cent. Use the rounded answer of requirement a for subsequent requirement, if required. b. Determine the company's price-earnings ratio. Round to one decimal place. Return on Total Assets A company reports the following income statement and balance sheet information for the current year: Net income $565,710 Interest expense 99,830 Average total assets 6,220,000 Determine the return on total assets. If required, round the answer to one decimal place. %