Joliet's 2009 and 2010 financial statements included the following data: 2009 2010 Accounts Receivable $ 150,000 $ 250,000 Inventory 150,000 195,000 Total Assets 946,000 878,000 Net Sales (all on credit) 2,000,000 2,200,000 Cost of Goods Sold 1,300,000 1,500,000 Assume a 360-day year for all calculations. What is Joliet's accounts receivable turnover ratio for 2010 a. 8.8 b. 10.5 c. 11.0 d. 13.3 c. 14.0