Excerpts from Stealth Company's December 31, 2021 and 2020, financial statements are presented below:

		2021		2020
Accounts receivable	$	29,500	$	45,000
Inventory		38,000		42,000
Net sales (all credit)		199,000		198,000
Cost of goods sold		125,000		110,000
Total assets		431,000		408,000
Total stockholders' equity		245,000		227,000
Net income		39,500		38,000

Stealth Company's 2021 receivables turnover ratio is:

Multiple Choice

• 5.34 times.

• 6.73 times.

• 14.61 times.

• 4.24 times.