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Lupo, Inc., has an average collection period of 5 8 days. Its average daily investment in receivables is $ 9 1 , 1 0 0

Lupo, Inc., has an average collection period of 58 days. Its average daily investment in receivables is $91,100. Assume 365 days per year.
a. What is the receivables turnover? (Do not round intermediate calculations and round your answer to 4 decimal places, e.g.,32.1616.)
b. What are annual credit sales? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g.,32.16.)
\table[[a.,Receivables turnover,times],[b.,Annual credit sales,]]
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