Selected data for PRIME Sales appear below:

$20202019$

Sales.................................................................................. $$845,000$ $$760,000$

Cost of goods sold...............................................................$\mathrm{.}400,000350,000$

Inventory at end of year......................................................... $50,00040,000$

Accounts receivable at end of year......................................... $35,00025,000$

All sales are made on credit.

Instructions: Calculate for $2020$ Receivables turnover $($use up to $2$ decimal places$)$

Question $18$ options: