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Excerpts from TPX Company's December 31, 2021 and 2020, financial statements are presented below: 2020 18 2021 Inventory 0134.45 Accounts receivable Net sales (all credit)

Excerpts from TPX Company's December 31, 2021 and 2020, financial statements are presented below: 2020 18 2021 Inventory 0134.45 Accounts receivable Net sales (all credit) Cost of goods sold Total assets $ 82,000 $ 72,000 88,000 75,000 450,000 375,000 264,000 221,000 835,000 775,000 Total stockholders' equity Net income 475,000 460,000 76,000 57,000 TPX Company's 2021 receivables turnover ratio is: (Round your answer to 1 decimal place.)

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