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13. Based on the following data, what is the accounts receivable turnover? Sales on account during year $479,756 Cost of goods sold during year 207,984
13.
Based on the following data, what is the accounts receivable turnover?
Sales on account during year | $479,756 |
Cost of goods sold during year | 207,984 |
Accounts receivable, beginning of year | 40,190 |
Accounts receivable, end of year | 48,021 |
Inventory, beginning of year | 89,255 |
Inventory, end of year | 111,080 |
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