INTERMEDIATE ACCOUNTING(LL)+ACCESS
17th Edition
ISBN: 9781119503583
Author: Kieso
Publisher: JOHN WILEY+SONS INC.
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Given solution for General accounting question not use ai
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Jennifer's business reported annual net credit sales of $850,000 and
had beginning accounts receivable of $45,000 and ending accounts
receivable of $55,000. What is the accounts receivable turnover
ratio for Jennifer's business?
a. 17.0
b. 15.5
c. 18.9
d. 21.3
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