Can I get detailed way of getting the answer? Thank you.

QUESTION 13 A company has $2,400,000 in annual credit sales and an average collection period of 21 days. If the average collection period (DSO) is 11 days, what is the accounts receivable balance? Use a 365-day year. $101,298 $145,287 $72,329 $138,082 none of these QUESTION 14 Calculate the times interest earned if net income equals $14.5 million, if interest expense is $8 million and the firm's tax rate is 38%. 2.236x 2.985x 3.923x 3.011x none of the above