Current Attempt in Progress The following information pertains to Waterway Company. Assume that all balance sheet amounts represent both average and ending balance figures. Assume that all sales were on credit. Assets Cash and short-term investments $ 46000 Accounts receivable (net) 30000 Inventory 26000 Property, plant and equipment 201000 Total Assets $ 303000 Liabilities and Stockholders' Equity Current liabilities 64000 79000 Long-term liabilities Les 64000 Long-term liabilities 79000 Stockholders' equity-common 160000 Total Liabilities and Stockholders' Equity $ 303000 Income Statement Sales revenue $ 108000 Cost of goods sold 65000 Gross margin 43000 Operating expenses 30000 Net income $ 13000 Number of shares of common stock 6100 Number of shares of common stock 6100 Market price of common stock $ 20 Dividends per share on common stock 0.60 Cash provided by operations $ 36000 What is the accounts receivable turnover for this company? O 1.9 times O 4.1 times O 7.4 times O 3.6 times