[The following information applies to the questions displayed below.] Simon Company's year-end balance sheets follow. At December 31 Assets Cash Accounts receivable, net Merchandise inventory Prepaid expenses Plant assets, net Total assets Liabilities and Equity Accounts payable Long-term notes payable secured by mortgages on plant assets. Common stock, $10 par value Retained earnings Total liabilities and equity Current Yr 1 Yr Ago 2 Yrs Ago $ 31,800 $ 35,625 $ 37,800 89,500 112,500 10,700 62,500 50,200 82,500 54,000 9,375 5,000 255,000 230,500 278,500 $ 523,000 $ 445,000 $ 377,500. $ 129,900 $75,250 $ 51,250. 98,500 101,500 83,500 163,500 163,500 163,500 131,100 184,750 79,250 $ 523,000 $445,000 $ 377,500 For Year Ended December 31 Sales Cost of goods sold $411,225 The company's income statements for the Current Year and 1 Year Ago, follow. Assume that all sales are on credit Current Ye 1 Ve Ago $532,000 $673,500 $345,500 Other operating expenses 209,550 Interest expense 12,180 Income tax expense 9,525 134,980 13,300 8,845 Total costs and expenses 642,400 502,625 Net income $ 31,100 $ 29,375 Earnings per share. $ 1.90 $ 1.80 Compute accounts receivable turnover. Current Yr 1 Yr Ago: Choose Numerator: Not sales $ $ Accounts Receivable Turnover Choose Denominator: Average accounts receivable, net Accounts Receivable Turnover Accounts receivable turnover 0 times 673,500 / 532,000/ 0 times Required ZA Required 28 >