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In 2021 Marigold Co. had credit sales of $2100000 and sales returns related to these sales of $150000. Its comparative balance sheet at December 31,

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In 2021 Marigold Co. had credit sales of $2100000 and sales returns related to these sales of $150000. Its comparative balance sheet at December 31, 2021 showed the following: 2020 2021 $840000 Accounts receivable $660000 Less: Allowance for doubtful accounts 72000 66000 Carrying amount $768000 $594000 Marigold's receivable turnover for 2021 is O 2.60. 2.80. 2.86. O 3.08

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