Question 113 Handles Corp. reported net credit sales of $6,500,000 and cost of goods sold of $3,400,000 for the year. The Accounts Receivable balances at the beginning and end of year were $525,000 and $575,000, respectively. The receivables turnover ratio was 5.9 times. 6.2 times. 11.8 times 11.3 times Question Attempts: 0 of 1 used