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question 22. Based on the following data, what is the accounts receivable turnover? Sales on account during year $498,692 Cost of merchandise sold during year
question 22.
Based on the following data, what is the accounts receivable turnover?
Sales on account during year | $498,692 |
Cost of merchandise sold during year | 195,811 |
Accounts receivable, beginning of year | 43,690 |
Accounts receivable, end of year | 48,973 |
Inventory, beginning of year | 87,389 |
Inventory, end of year | 103,856 |
A.2.5
B.11.4
C.10.8
D.4.8
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