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Min's Co.'s sales totaled $300,000 for the current year. Min's cost of goods sold was $150,000 . Min's accounts receivable balance was $20,000 on January

Min's Co.'s sales totaled

$300,000

for the current year. Min's cost of goods sold was

$150,000

. Min's accounts receivable balance was

$20,000

on January 1 and

$30,000

on December 31 . What was Min's accounts receivable turnover for the current year?\ 6 times\ 10 times\ 12 times\ 15 times.

image text in transcribed
Min's Co.'s sales totaled $300,000 for the current year. Min's cost of goods sold was $150,000. Min's accounts receivable balance was $20,000 on January 1 and $30,000 on December 31 . What was Min's accounts receivable turnover for the current year? 6 times 10 times 12 times 15 times

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