Question 16 of 20 - / 0.4 lii View Policies Current Attempt in Progress Crane Company had accounts receivable of $116000 at 1/1. The only transactions affecting accounts receivable were sales of $936000 and cash collections of $886000. The accounts receivable turnover is O 6.2. O 6.6. O 5.6. O 8.1. Oriole Company had 640 units of "Dink" in its inventory at a cost of $14 each. It purchased 850 more units of "Dink" at a cost of $20 each. Oriole then sold 1140 units at a selling price of $34 each. The LIFO liquidation overstated normal gross profit by O $1260. O $-0- O $3000. $1740. Save for Later Attempts: 0 of 1 used Submit