The flying Tigers, Inc. has a net sales of $751,000 and accounts receivable of $162,000. What is the firm's account receivable turnover ?

The flying Tigers, Inc. has a net sales of $751,000 and accounts receivable of $162,000. What is the firm's account receivable turnover ? (give answer up to two decimal places). 

Reagan Corp has reported a net income of $870,000 for the year. The company's share price is $12.34, and the company has 321,560 shares outstanding. Compute the firm's price -earnings ratio up to two decimals.