Net sales were $467,500, and the accounts receivable turnover was 8.5 times. What are the accounts receivable?

Net sales were $467,500, and the accounts receivable turnover was 8.5 times. What are the accounts receivable? Assume all sales are on account.

Select one:

a. $55,000

b. $467,500

c. $3,973,750

d. Not determinable from the information provided

e. None of the above