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Missoula Inc. reported the following selected financial statement data: 01:22:53 Cash Accounts receivable (net) Inventory Plant assets (net) Total assets Liabilities Shareholders' equity Net sales

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Missoula Inc. reported the following selected financial statement data: 01:22:53 Cash Accounts receivable (net) Inventory Plant assets (net) Total assets Liabilities Shareholders' equity Net sales Cost of goods sold Net income Dec 31, 2020 $ 41,000 59,000 79, 800 221,000 438, een 156, een 282, 000 545,000 231,000 31,000 Dec 31, 2021 $ 48, 500 75,000 83,000 240,000 417,000 156,000 261,000 603,000 302.000 47,000 Required: Compute the receivables turnover ratio for 2021. Receivables turnover rabo

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