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Last year, Manganese Company's net sales were $420,000. The beginning accounts receivable balance was $25,000, and the ending accounts receivable balance was $35,000. The company's
Last year, Manganese Company's net sales were $420,000. The beginning accounts receivable balance was $25,000, and the ending accounts receivable balance was $35,000. The company's accounts receivable turnover ratio was _____ times. (Round your answer to two decimal places.) a. 28.00 b. 10.00 c. 14.00 d. 31.00
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