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5 Excerpts from Al-Mukalla Company's December 31, 2019 and 2020, financial statements are presented below: 8 2019 2020 ut of Accounts receivables $ 85000 $
5 Excerpts from Al-Mukalla Company's December 31, 2019 and 2020, financial statements are presented below: 8 2019 2020 ut of Accounts receivables $ 85000 $ 70000 Merchandise inventory 85000 75000 Net sales 165000 160000 Cost of goods sold 85000 60000 Calculate the receivables turnover ratio for Al-Mukalla Co. for 2020
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