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Excerpts from Stealth Company's December 31, 2021 and 2020, financial statements are presented below: Accounts receivable Inventory Net sales (all credit) Cost of goods sold
Excerpts from Stealth Company's December 31, 2021 and 2020, financial statements are presented below: Accounts receivable Inventory Net sales (all credit) Cost of goods sold Total assets Total stockholders' equity Net income Stealth Company's 2021 receivables turnover ratio is: Multiple Choice O O O O 14.72 times. 4.07 times. 5.35 times. 2021 2020 $ 29,000 $ 45,000 35,000 39,000 198,000 198,000 118,000 118,000 427,000 410,000 246,000 229,000 36,000 34,000 6.83 times.
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