Watts Inc. specializes in imported goods, focusing particularly on food products. Feb 2013, the company realized net sales of $9,700,000 and average trade net accounts receivable were $1,057,000. In 2012, Watts had realized a net loss for the year in the amount of $20,000; however extraordinary efficiency efforts in 2013increased net income by $445,000.

Calculate Watts account receivable turnover.

Caluculate net profit margin ratio.