Music City, Inc., has an average collection period of 46 days. Its average daily investment in receivables is $67,800. Assume 365 days per year.

What is the receivables turnover? (Round your answer to 4 decimal places (e.g., 32.1616).)

Receivables turnover

times

What are annual credit sales? (Do not round intermediate calculations and round your final answer to 2 decimal places (e.g., 32.16).)

Annual credit sales

$