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Excerpts from Hulkster Company's December 31, 2021 and 2020, financial statements are presented below: 2021 2020 Accounts receivable $ 72,000 $ 52,000 Merchandise inventory 44,000

Excerpts from Hulkster Company's December 31, 2021 and 2020, financial statements are presented below: 2021 2020 Accounts receivable $ 72,000 $ 52,000 Merchandise inventory 44,000 67,000 Net sales 285,200 270,000 Cost of goods sold 146,000 124,000 Total assets 457,000 421,000 Total shareholders' equity 272,000 241,000 Net income 56,500 44,000 Hulkster's 2021 receivables turnover is: (Round your answer to 2 decimal places.)

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