Calculate the accounts receivable turnover rate for Famous Daves and Texas Roadhouse. (ASSUME ALL SALES OR REVENUES ON THE INCOME STATEMENT ARE CREDIT SALES.)

Which company has a better receivable turnover ratio?

Texas Roadhouse, Inc, and Subsidiaries Consolidated Balance Sheets (in thousands, escept share and per share data) Deeember 27. Decmber . Current assets: Cash and cash equivalents Roccivables, net ofallowance for doubful accounts of $33 at Dccember 27. 2016 and $6 at 2944 59334 56,127 6,088 December 29. 2015 45,421 15,633 Prepaid income tases Prepaid expenses... 12,150 1996 11,295 2.077 Deferned tax assets, ndt. Total current assets Property and equipment, net of depreciation of $457,102 at Deoember 27, 2016 and 395.886 at December 29, 201S 751.288 116,571 116,371 Intangible asscts, net of accumulaled amortization of S11,753 at December 27, 2016 and S10.548 al December 29, 2015 Other assets Total assets Liabilities aad StockhoWers Equity Curren liabilities: Current maturities of long-term debt and obligation under capital lease-.......... . $ 167 S Accounts payable 50,789 129,558 26019 50.996 101,274 36,233 Deferned revenue-gift cands Accnaed wages Income taxes payable 19,698 18,779 11,919 Dividmds payable Other accrued liabilities Total curent liabilities Long-4erm debt and oblication under capial lease,excluding current maturnities Stock opion and other deposits. Deferred rent Deferred tax liabilities, net Other liabilities Total liabilities. Texas Roadhouse, Inc. and subsidiaries stockholders' equity 52,381 7.491 36,103 12,268 7,041 31.493 421,729 Prefensed stock ($0.001 par value, 1,000,000 shares auchorized; no shares issued or outstanding Common stock (S0001 par value, 100,000,000 shares authorized, 70,619,737 and 70091.203 shares issued and outstanding at December 27.2016 and Deoember 29, 2015, 219,626 530,723 201,023 468,678 Additional paid-in-capital Retained earnings Accumulated other compechensive loss Total Texas Roadhouse, Inc. and subsidiaries stoc kholders equity...... 669,662 Total equity Total liailities and equiy noles to Consolidated Financial Statements F-3