Jet, Inc, Has Net Sales of $712,478 and Accounts Receivable of of $167,435

Multiple Choice

Jet, Inc., has net sales of $712,478 and accounts receivable of $167,435. What are the firm's accounts receivable turnover and day's sales outstanding? Round your accounts receivable turnover to two decimal places and day's sales outstanding to nearest day.

A) 0.24 times; 79 days
B) 4.26 times; 86 days
C) 5.2 times; 61 days
D) None of the above.