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Excerpts from Hulkster Company's December 31, 2021 and 2020, financial statements are presented below: Accounts receivable Merchandise inventory Net sales Cost of goods sold Total
Excerpts from Hulkster Company's December 31, 2021 and 2020, financial statements are presented below: Accounts receivable Merchandise inventory Net sales Cost of goods sold Total assets Total shareholders' equity Net income 2021 $ 60,000 38,000 212,000 134,000 445,000 260,000 47,500 2020 $ 46,000 55,000 200,000 118,000 415,000 235,000 38,000 Hulkster's 2021 receivables turnover is: (Round your answer to 2 decimal places.) Multiple Choice o 2.23. o 337. o 04.00. c 742.
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