The following table presents the data for CanDo Inc. as of December 31, 2018:

Accounts payable

$126,000

Accounts receivable

$165,000

Cash and cash equivalents

$106,000

CoGS

$271,600

Common stock

$1,090,000

Depreciation

$42,000

Dividend payout ratio

40%

Interest paid

$38,596

Inventory

$175,000

Long-term debt

$1,856,000

Net fixed assets

$2,932,000

Sales

$440,000

Short-term debt

$142,872

Tax rate

31%

Calculate the following financial ratios for CanDo Inc. in the fiscal year of 2019 (round all answers to six decimal places):

Receivables turnover (using avg. accounts receivable from 2018 & 2019)