Can someone please calculate the turnover ratio for me question #3? Everything else is right.

At December 1, 2017, Imalda Inc. reported the following information on its statement of financial position: Accounts receivable Allowance for doubtful accounts $154.000 4,500 (credit balance) was $35,000. The following transactions were completed during December 2017: December 5 Sold merchandise items for $67,000. An amount of $19,000 was received in cash and the rest on account; terms 2/10, n/60. The total cost of sales December 12 Collected cash for half of the credit sales made on December 5. December 20 Collected $90,000 in cash from customers for credit sales made in November 2017. December 26 One of Imalda's customers that owed $3,000 to the company experienced financial problems and was forced to close its business in December. The full amount was considered uncollectible. Imalda uses the aging of accounts receivable method to determine bad debt expense. The aging schedule at December 31, 2017, gives the following information about the accounts receivable estimated uncollectible: Age of accounts receivable 1-30 days 31-60 days Current past due past due 42,000 31,500 5,000 1% 2% 10% Total Estimated % uncollectible Over 60 days past due 6,500 30% Required: 1. Prepare the journal entries to record the transactions that occurred in December 2017. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) Answer is complete and correct. No Date General Journal Debit Credit 1 Dec 05 Cash Accounts receivable Sales revenue 19,000 48,000 67,000 2 Dec 05 35,000 Cost of sales Merchandise inventory 35,000 3 Dec 12 Cash 23,520 480 Sales discounts Accounts receivable 24,000 4 Dec 20 90,000 Cash Accounts receivable 90,000 5 Dec 26 3.000 Allowance for doubtful accounts Accounts receivable 3,000 2 Dec 05 35,000 Cost of sales Merchandise inventory 35,000 3 Dec 12 Cash 23,520 480 Sales discounts Accounts receivable 24,000 4 Dec 20 Cash 90,000 Is Accounts receivable 90,000 5 Dec 26 3,000 Allowance for doubtful accounts Accounts receivable 3,000 2-a. Using the aging schedule, compute the bad debt expense for December 2017. Answer is complete and correct. Bad debt expense $ 2,000 2-b. Prepare the journal entry to record bad debt expense for December 2017. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) Answer is complete and correct. No Credit Date Dec 31 General Journal Bad debt expense Allowance for doubtful accounts Debit 2,000 1 2,000 3. Compute the gross profit percentage and the receivables turnover ratio for December 2017. (Round the final answers to 2 decimal places.) * Answer is complete but not entirely correct. 47.38% Gross profit percentage Receivable turnover ratio 0.54 times