National,Inc For the Year Ending December 31,2019 Calculate the Accounts Receivable Turnover Ratio for 2019

National,Inc.provides the following data: $$\begin{array} { | l | r | r | } \hline &\underline {2019 } & { \underline { 1018 } } \\\hline \text { Cash } & \$ 45,000 & \$ 25,000 \\\hline \text { Accounts Receivable, Net } & 98,000 & 62,000 \\\hline \text { Merchandise Inventory } & 75,000 & 50,000 \\\hline \text { Property, Plant, and Equipment, Net } & \underline { 185,000 } & \underline { 120,000 } \\\hline \text { Total Assets } & \$ 403,000 & \$ 257,000 \\\hline \end{array}$$ For the year ending December 31,2019:
$$\begin{array} { | l | r | } \hline \text { Net Credit Sales } & \$ 280,000 \\\hline \text { Cost of Goods Sold } & ( 150,000 \\\hline \text { Gross Profit } & \$ 130,000 \\\hline\end{array}$$ Calculate the accounts receivable turnover ratio for 2019.(Round your answer to two decimal places.)

A) 5.60 times
B) 4.11 times
C) 3.50 times
D) 2.86 times