Problem 28-6 ACP and Receivables Turnover Benton, Incorporated, has an average collection period of 56 days. Its average daily investment in receivables is $69,800. a. What is the receivables turnover? (Use 365 days a year. Do not round intermediate calculations and round your answer to 4 decimal places, e.g., 32.1616.) b. What are annual credit sales? (Use 365 days a year. Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)