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

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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