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5 Income statement: Sales revenue Cost of goods sold Net income 2024 $ 2,500,000 1,300,000 200,000 2024 Balance sheets: Accounts receivable Total assets Total

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5 Income statement: Sales revenue Cost of goods sold Net income 2024 $ 2,500,000 1,300,000 200,000 2024 Balance sheets: Accounts receivable Total assets Total shareholders' equity The accounts receivable turnover for 2024 is: $ 300,000 2,000,000 900,000 2023 $ 200,000 1,800,000 700,000

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