9. Ortiz Lumber Yard has a current accounts receivable balance of $457,615. Credit sales for the year just ended were $2,948,600.,Required:,(a) What is the receivables turnover?,a. .16 times,b. 5.15 time,c. s7.09 time,d. s6.44 times,e. 5.80 times,(b) What is the days’ sales in receivables?,a. 45.32 days,b. 56.65 days,c. 50.98 days,d. 62.32 days,e. 67.98 days,
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