Benson Company shows the following data on its 2014 financial statements: Accounts receivable, January 1 $720,000; Accounts receivable, December 31 960,000; Merchandise inventory, January 1 900,000; Merchandise inventory, December 31 1,020,000; Gross sales 4,800,000; Sales returns and allowances 180,000; Net credit sales 4,620,000; Cost of goods sold 3,360,000; Earnings before interest and taxes (Operating Income) 720,000; Interest on bonds 192,000; Net income 384,000. The accounts receivable turnover is: Select one: a. 6.667 times per year. b. 5.714 times per year. c. 5 times per year. d. 5.5 times per year.