Question $30$

$1pts$

Below is select data from the Kroger Company headquartered in Cincinnati Ohio. Compute the company's accounts receivable turnover for Year $2.$

$\backslash$table$[[,$Year $2,$Year $1],[$Cash$,$$$37,500,36,850],[$Short$-$term investments,$90,000,90,000],[$Accounts receivable, net,$85,500,86,250],[$Merchandise inventory,$121,000,117,000],[$Prepaid expenses,$12,100,13,500],[$Plant assets,$388,000,392,000],[$Accounts payable,$113,400,111,750],[$Net sales,$711,000,706,000],[$Cost of goods sold,$390,000,385,500]]$

$8\mathrm{.}94.$

$5\mathrm{.}78$

$8\mathrm{.}62.$

$7\mathrm{.}90$

$8\mathrm{.}28$