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Company presented the following financial information for the prior two years: 2020 2019 Accounts Receivable 800 700 Inventory 900 1,000 Accounts Payable 200 600 Sales

Company presented the following financial information for the prior two years:

2020 2019
Accounts Receivable 800 700
Inventory 900 1,000
Accounts Payable 200 600
Sales 9,000 6,200
Cost of Sales 3,800 3,600

Problem 6-1

The accounts receivable turnover for 2020 is:

Group of answer choices

12.00

11.25

5.07

9.47

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