Whispering Winds Corp. had net credit sales during the year of $1309750 and cost of goods sold of $700000. The balance in accounts receivable at the beginning of the year was $112800 and at the end of the year was $197200. What was the accounts receivable turnover? 10.45 5.25 8.45 7.15

FINANCIAL ACCOUNTING
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ISBN:9781259964947
Author:Libby
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Chapter1: Financial Statements And Business Decisions
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Whispering Winds Corp. had net credit sales during the year of $1309750 and cost of goods sold of $700000. The balance in accounts receivable at the beginning of the year was $112800 and at
the end of the year was $197200. What was the accounts receivable turnover?
10.45
5.25
8.45
7.15
Transcribed Image Text:Whispering Winds Corp. had net credit sales during the year of $1309750 and cost of goods sold of $700000. The balance in accounts receivable at the beginning of the year was $112800 and at the end of the year was $197200. What was the accounts receivable turnover? 10.45 5.25 8.45 7.15
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