How do you calculate accounts receivable turnover ? Using these

Appendix Al: Canadian Motorbikes Comparative Income Statement ($M) For the Years Ended Dec 31, 2009 to 2014 2009 2010 2011 2012 2013 2014 Sales $287.14 $299.45 $725.45 $793.34 $814.55 $856.00 Cost of Goods Sold $209.69 $210.45 $506.91 $559.53 $595.34 $629.43 Gross Profit $ 77.45 $ 89.00 $218.54 $233.81 $219.21 $226.57 Selling and Administration $ 57.34 $ 60.06 $104.14 $125.53 $136.57 $160.23 Depreciation 7.53 $ 13.54 $ 21.54 $ 20.89 $ 21.22 $ 26.54 Operating Profit $ 12.58 $ 15.40 $ 92.86 $ 87.39 $ 61.42 $ 39.80 Interest 9.41 $ 12.53 $ 35.51 $ 24.67 $ 17.96 $ 13.01 Earnings Before Taxes 3.17 $ 2.87 $ 57.35 $ 62.72 $ 43.46 $ 26.79 Taxes 1.01 0.92 $ 18.35 $ 20.07 $ 13.91 $ 8.57 Net Income $ 216 1.95 $ 39.00 $ 42.65 $ 29.55 $ 18.22 tax rate 32% 32% 32% 32% 32% 32% 1 - tax rate 68% 68% 68% 68% 68% 68% Net Income + I(1-tax rate) $ 8.57 $ 10.46 $ 63.15 $ 59.43 $ 41.76 $ 27.07Appendix A2: Canadian Motorbikes Comparative Balance Sheet ($M) For the Years Ended Dec 31, 2009 to 2014 2009 2010 2011 2012 2013 2014 Cash $ 10.76 $ 20.56 $ 25.78 $ 38.55 $ 34.21 $ 29.75 A/R $ 45.01 $ 48.54 $ 84.89 $ 85.39 $ 95.32 $ 99.23 Inventory $ 17.12 $ 79.66 $ 82.69 $ 79.30 $ 53.88 $ 75.33 Total Current Assets $ 72.89 $148.76 $193.36 $203.24 $ 183.41 $ 204.31 Land, Plant and Equipment $ 54.32 $ 162.28 $ 184.18 $ 178.01 $ 182.74 $ 211.48 Other Assets $ 2.47 $ 5.39 $ 8.38 $ 8.82 5 9.49 $ 11.65 Total Assets $ 129.68 $316.43 $ 385.92 $390.07 $375.64 $427.44 A/P $ 53.77 $ 90.73 $ 112.15 $ 109.96 $ 129.04 $ 189.84 Current Portion of LT Debt $ 2.88 $ 18.09 $ 18.77 $ 14.32 $ 8.56 $ 6.22 Total Current Liabilities $ 56.65 $ 108.82 $ 130.92 $ 124.28 $ 137.60 $ 196.06 Long-term Debt $ 52.82 $ 185.45 $ 193.84 $ 161.98 $ 104.68 $ 79.80 Total Liabilities $ 109.47 $294.27 $ 324.76 $ 286.26 $ 242.28 $ 275.86 Shareholders' Equity $ 20.21 $ 22.16 $ 61.16 $ 103.81 $ 133.36 $ 151.58 Total Liabilities and Equities $129.68 $316.43 $ 385.92 $390.07 $375.64 $ 427.44