Cornerstone Co. Balance Sheet Accounts 12/31/17 $2,100 12/31/18 $2,100 392 400 Bonds Payable Cash Accounts Receivable Preferred Stock 145 128 500 500 Accounts Payable 250 3,285 Land Common Stock 244 3,285 1,200 480 1,200 520 320 400 Inventory Retained Earnings Unearned Rent Revenue (to be earned in 2 months) Prepaid Insurance (3-month policy) Taxes Payable 40 28 114 173 20 20 Cornerstone Co. Income Statement Accounts For Year Ended 12/31/18 Insurance Expense Interest Expense Cost of Goods Sold Rent Revenue Net Sales Revenue Tax Expense $60 32 1,500 25 2,000 27 Other Information 2018 Dividends to Common Shareholders 2016 Dividends to Preferred Shareholders 2018 Common Shares outstanding 2018 Preferred Shares outstanding 2018 Stock Price 540 $200 1005 50sh $100 All Sales on credit Note: Use the cornerstone Co. data and the Reference Sheet to assist you in answering the question 40 28 Jnearned Rent Revenue (to be earned in 2 months) Prepaid Insurance (3-month policy) Taxes Payable 114 173 20 20 Cornerstone Co. Income Statement Accounts For Year Ended 12/31/18 $60 32 Insurance Expense Interest Expense Cost of Goods Sold Rent Revenue Net Sales Revenue 1,500 25 2,000 Tax Expense 27 Other Information $40 $200 2018 Dividends to Common Shareholders 2018 Dividends to Preferred Shareholders 2018 Common Shares outstanding 2018 Preferred Shares outstanding 2018 Stock Price 100sh 50sh $100 All Sales on credit Note: Use the Cornerstone Co. data and the Reference Sheet to assist you in answering the question. What is the 2018 Receivables Turnover Ratio? Select one . a, 15.63 .b. 14.65 C 3.66 . d. 7.33 e. 10.99