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QS 9-12 Accounts receivable turnover LO A1 2.5 The following data are taken from the comparative balance sheets of Ruggers Company points Accounts receivable, net
QS 9-12 Accounts receivable turnover LO A1 2.5 The following data are taken from the comparative balance sheets of Ruggers Company points Accounts receivable, net Net Sales 2017 2016 $ 153,400 $ 138,500 861,105 910,680 Complete the below table to calculate the accounts receivable turnover for the year 2017. * Answer is complete but not entirely correct. Accounts receivable turnover Choose Numerator: Choose Denominator: Net sales Average accounts receivable, Accounts receivable turnover Accounts receivable turnover 0.2 times net 153.400 $ 861.105 =
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