The following information is available: Net accounts receivable, December 31, 2021 $ 394,200 Net accounts receivable, December 31, 2022 435,900 Net credit sales for 2021 3,521,400 Net credit sales for 2022 3,795,300 The receivables turnover ratio for 2022 is closest to: 8.93 times 8.48 times 8.71 times 09.14 times O None of the above. What does a low receivable turnover ratio indicate? Cash collections are sluggish, taking longer to collect. Sales are growing Credit sales are much greater than cash sales. Customer payments are collected relatively soon after the sale has been made. None of the above