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1 14. Please calculate Accounts Receivable Turnover Ratio (ARTO), and Days' Sales in Receivables Ratio based on the following facts: Gross Sales $980,000; Beginning Accounts

1 14. Please calculate "Accounts Receivable Turnover Ratio (ARTO)", and "Days' Sales in Receivables Ratio" based on the following facts: Gross Sales $980,000; Beginning Accounts Receivables = $275,000; Total Cash Sales $40,000; Ending Accounts Receivables - $475,000; Sales Returns and Allowances & Sales Discounts - $69,000

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