You may need a calculator to answer this question. You are provided with the following information for a business:

	Year 1	Year 2
Amounts taken from statement of financial position
Bank	60,000	66,000
Accounts receivable	15,000	10,000
Inventory	30,000	34,000
Petty cash	1,000	1,000
Amounts taken from income statement
Sales	120,000	136,000

Assuming that 50% of all sales are made on credit, what is the accounts receivable turnover of the business in Year 2?

Select one:

a. 6.8

b. 4.53

c.10.88

d. 5.44