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Question 25 of 28 -14 III View Policies Current Attempt in Progress The following information is available for Marigold Company: 2020 2019 Accounts receivable (net)

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Question 25 of 28 -14 III View Policies Current Attempt in Progress The following information is available for Marigold Company: 2020 2019 Accounts receivable (net) $ 400000 $ 480000 Inventory 350000 400000 Net credit sales 1848000 1600000 1840000 1050000 Cost of goods sold Net income 350000 160000 The accounts receivable turnover ratio for 2020 is O 1.0 times. 3.9 times. O 4.2 times. 0 4.6 times

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