QUESTION 11 Refer to the following selected financial information from McCormik, LLC. Compute the company's accounts receivable turnover for Year 2. Year 2 Year 1 Cash Short-term investments Accounts receivable, net Merchandise inventory Prepaid expenses Plant assets Accounts payable Net sales Cost of goods sold 8.28 $37,500 90,000 85,500 121,000 12,100 388,000 113,400 711,000 390,000 36,850 90,000 86,250 117,000 13,500 392,000 111.750 706,000 385,500 7.90 8.94 5.78 8.62