Using the following information, calculate the receivables turnover ratio: Receivables Turnover Ratio (round your answer to two decimal places)

Using the following information, calculate the receivables turnover ratio: Accounts Net sales Bad debt expense Cost of goods sold Depreciation expense Beginning Accounts Receivable, net Ending Accounts Receivable, net Balances $314,000 $7,000 $1 56,500 $14,800 $74,600 $67,100 Receivables Turnover Ratio (round your answer to two decimal places):