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Glven below are comparative statements of financial position (balance sheets) and an income statement for Claret Corporation. begin{tabular}{lrr|} hline multicolumn{4}{c}{begin{tabular}{c} Claret Corporation Balance Sheets

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Glven below are comparative statements of financial position (balance sheets) and an income statement for Claret Corporation. \begin{tabular}{lrr|} \hline \multicolumn{4}{c}{\begin{tabular}{c} Claret Corporation \\ Balance Sheets \\ Year 2 \end{tabular}} & \\ & December 31 & \\ \hline Cash & $15,500 & $15,500 \\ Accounts receivable & 46,670 & 37,500 \\ Inventory & 32,400 & 36,300 \\ Equipment (net) & 57,100 & 66,200 \\ Total & $151,670 & $155,500 \\ \hline Accounts payable & 25,900 & 28,500 \\ Dividends payable & 7,700 & 3,800 \\ Long-term note payable & 14,200 & 14,200 \\ Capital stock, \$5 par & 72,700 & 72,700 \\ Retained earnings & 31,170 & 36,300 \\ \hline Total & $151,670 & $155,500 \\ \hline \end{tabular} All sales were made on account. Cash dividends declared during the year totaled $11,392. Claret Corporation's accounts receivable turnover for Year 2 is: Claret Corporation's accounts receivable turnover for Year 2 is: Multiple Choice 6.10 times. 67 days. 5.43 times. 4.90 times

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