Final Exam Dared Seve TB EX Qu. 12-163 A company began the year with an... 16 A company began the year with an Accounts Receivable balance of $260,000and had a year end balance of 5290.000 Credit sales of $880,000 generated a gross profit of $130,000 Calculate the receivables turnover ratio for the year. (Round your answer to 1 decimal place) 8 02.0104 times Receivables sumover tato Next > 16 of 33