Lana Co. had the following balances in Dec31, 2019 appeared in its financial statements: cash $ 8000, accounts receivable $ 12000, prepaid insurance $ 4000, inventory $ 12000, building(net) $ 30000, equipment (net) $14000, cars (net) $10000, accounts payable $ 12000, notes payable $ 4000, bonds $24000, share capital $50000, net sales $ 120000, cost of goods sold $ 40000, administrative and selling expenses $ 25000, paid interest $5000, tax $ 4000, Compute the Receivable Turnover (50% of sales on credit) ratio: Select one: a. 4.166 b. 4.50 C. 10 d. .24