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Multiple Choice options: 0.9 times 5.0 times 5.4 times 0.2 times Excerpts from TPX Company's December 31, 2021 and 2020, financial statements are presented below:
Multiple Choice options: 0.9 times 5.0 times 5.4 times 0.2 times Excerpts from TPX Company's December 31, 2021 and 2020, financial statements are presented below: Accounts receivable Inventory Net sales (all credit) Cost of goods sold Total assets Total stockholders' equity Net income 2021 $ 82,000 95,000 410,000 264,000 820,000 495,000 74,000 2020 $ 71,000 73,000 375,000 226,000 765,000 455,000 57,000 TPX Company's 2021 receivables turnover ratio is: (Round your answer to 1 decimal place.) Multiple Choice 0.9 times. 5.0 times
Multiple Choice options:
0.9 times
5.0 times
5.4 times
0.2 times
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