Condensed financial data are presented below for the Phoenix Corporation:

2019 2018
Accounts receivable $267,500 $230,000
Inventory 312,500 257,500
Total current assets 670,000 565,000
Intangible assets 50,000 60,000
Total assets 825,000 695,000
Current liabilities 252,500 200,000
Long-term liabilities 77,500 75,000
Sales 1,640,000
Cost of goods sold 982,500
Interest expense 10,000
Income tax expense 77,500
Net income 127,500
Cash flow from operations 71,000
Cash flow from-
investing activities (6,000)
Cash flow from-
financing activities (62,500)
Tax rate 30 %

The accounts receivable turnover for 2019 is (rounded): (Assume all sales are on account.)

a) 2.0 times.
b) 6.4 times.
c) 6.6 times.
d) 7.1 times.