Simon Companys year-end balance sheets follow.

At December 31	2017			2016			2015
Assets
Cash	$	29,607		$	34,608		$	35,690
Accounts receivable, net		89,500			62,600			57,300
Merchandise inventory		110,500			84,500			51,000
Prepaid expenses		9,535			9,085			3,965
Plant assets, net		262,674			241,807			212,545
Total assets	$	501,816		$	432,600		$	360,500
Liabilities and Equity
Accounts payable	$	124,952		$	73,109		$	47,586
Long-term notes payable secured by mortgages on plant assets		94,341			99,498			79,671
Common stock, $10 par value		162,500			162,500			162,500
Retained earnings		120,023			97,493			70,743
Total liabilities and equity	$	501,816		$	432,600		$	360,500

The companys income statements for the years ended December 31, 2017 and 2016, follow. Assume that all sales are on credit:

For Year Ended December 31	2017						2016
Sales				$	652,361					$	514,794
Cost of goods sold	$	397,940					$	334,616
Other operating expenses		202,232						130,243
Interest expense		11,090						11,840
Income taxes		8,481						7,722
Total costs and expenses					619,743						484,421
Net income				$	32,618					$	30,373
Earnings per share				$	2.01					$	1.87

2) Compute accounts receivable turnover.