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

Name: Based on the following data, what is the accounts receivable turnover
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Description: Based on the following data, what is the accounts receivable turnover?Sales on account during year$455,841Cost of goods sold during year216,035Accounts receivable, beginning of year44,358Accounts receivable, end of year48,118Inventory, beginning of

Managerial Accounting

15th Edition

ISBN:9781337912020

Author:Carl Warren, Ph.d. Cma William B. Tayler

Publisher:Carl Warren, Ph.d. Cma William B. Tayler

Chapter16: Financial Statement Analysis

Section: Chapter Questions

Problem 4BE

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