Based on the following data, what is the accounts receivable turnover? Sales on account during year $492,917 Cost of goods sold during year 186,483 Accounts receivable, beginning of year 48,618 Accounts receivable, end of year 51,597 Inventory, beginning of year 86,846 Inventory, end of year 106,453 Oa. 10.1 Оb. 4.6 Ос. 9.8 d. 2.6

Based on the following data, what is the accounts receivable turnover? Sales on account during year $492,917 Cost of goods sold during year 186,483 Accounts receivable, beginning of year 48,618 Accounts receivable, end of year 51,597 Inventory, beginning of year 86,846 Inventory, end of year 106,453 Oa. 10.1 Оb. 4.6 Ос. 9.8 d. 2.6

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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