Based on the following data for the current year, what is the number of days' sales in receivables (rounded to one decimal place)? Assume 365 days a year. Sales on account during year $437,764 158,362 44,974 Cost of goods sold during year Accounts receivable, beginning of year Accounts receivable, end of year Inventory, beginning of year Inventory, end of year 45,106 89,065 112,736 a. 37.6 b. 132.1 O c. 84.2 Od. 94.0 Based on the following data, what is the accounts receivable turnover? Sales on account during year $414,885 Cost of goods sold during year 211,438 Accounts receivable, beginning of year 42,707 Accounts receivable, end of year 51,504 Inventory, beginning of year 90,908 Inventory, end of year 102,280 a. 4.1 b. 8.8 c. 2 d. 9.7 Richards Corporation had net income of $262,416 and paid dividends to common stockholders of $53,900. It had 56,800 shares of common stock outstanding during the entire year. Richards Corporation's common stock is selling for $53 per share. The price-earnings ratio (rounded to two decimal places) is a. 12.63 times O b. 11.47 times C. 10.34 times d. 13.13 times The ability of a business to pay its debts as they come due and to earn a reasonable net income includes a. solvency and liquidity b. solvency and equity C. solvency and leverage d. solvency and profitability