Based on the following data, what is the accounts receivable turnover? Sales on account during year $473,995 Cost of goods sold during year 199,972 Accounts receivable, beginning of year 42,169 Accounts receivable, end of year 49,032 Inventory, beginning of year 96,940
Based on the following data, what is the accounts receivable turnover? Sales on account during year $473,995 Cost of goods sold during year 199,972 Accounts receivable, beginning of year 42,169 Accounts receivable, end of year 49,032 Inventory, beginning of year 96,940
Chapter1: Financial Statements And Business Decisions
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
Transcribed Image Text:Based on the following data, what is the accounts receivable turnover?
Sales on account during year
$473,995
Cost of goods sold during year
199,972
Accounts receivable, beginning of year
42,169
Accounts receivable, end of year
49,032
Inventory, beginning of year
96,940
Inventory, end of year
110,654
Oa. 10.4
Оb. 2.4
Oc. 4.3
Od. 11.2
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