Missoula Inc. reported the following selected financial statement data: Cash Accounts receivable (net) Inventory Plant assets (net) Total assets Liabilities Shareholders' equity Net sales Cost of goods sold Net income Dec 31, 2017 $40,000 58,000 78,000 220,000 425,000 155,000 280,000 475,000 230,000 30,000 Dec 31, 2018 $ 47,000 72,000 82,000 238,000 405,000 155,000 260,000 520,000 300,000 45,000 Required: Compute the receivables turnover ratio for 2018. Receivables turnover ratio