Based on the following data, what is the accounts receivable turnover? Sales on account during year $455,841 Cost of goods sold during year 216,035 Accounts receivable, beginning of year 44,358 Accounts receivable, end of year 48,118 Inventory, beginning of year 87,106 Inventory, end of year 116,902 Оа. 3.9 Ob. 9.9 Ос. 2.1 Od. 10.3
Based on the following data, what is the accounts receivable turnover? Sales on account during year $455,841 Cost of goods sold during year 216,035 Accounts receivable, beginning of year 44,358 Accounts receivable, end of year 48,118 Inventory, beginning of year 87,106 Inventory, end of year 116,902 Оа. 3.9 Ob. 9.9 Ос. 2.1 Od. 10.3
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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