Universal Sports Supply began the year with an accounts receivable balance of $120,000 and a year-end balance of $140,000. Credit sales of $570,000 generate a gross profit of $190,000. Calculate the receivables turnover ratio for the year. (Round your final answer to 1 decimal place.) Receivables Turnover Ratio Universal Sports Supply times Peyton's Palace has net income of $13.7 million on sales revenue of $117 million. Total assets were $83 million at the beginning of the year and $91 million at the end of the year. Calculate Peyton's return on assets, profit margin, and asset turnover ratios. (Round your final answers to 1 decimal place. Enter your answers in millions. (i.e., $5,500,000 should be entered as 5.5).) Return on Assets Peyton's Palace % Profit Margin Peyton's Palace % Asset Turnover Peyton's Palace times