score: 07,0 of 10 pts TI12-1 (book/static) E Question Help Your friend owns a small business and she asks for your advice. For the past couple of years, her company has to its customers. She wonders how well her company manages its accounts receivable friend's com net Accounts receivable was $77,000. The company's credit terms are net 30. What should well accounts receivable is managed? extended credit During the most recent year, your pany had net credit sales of $743,000. Net Accounts receivable at the beginning of the year was $82.000. Ending you tell your friend regarding how Begin by calculating the business's accounts receivable turnover ratio for the year. (Round the accounts receivable turnover ratio to two decimal places, X.XX.) Accounts receivable turnover ratio Choose from any list or enter any number in the input fields and then click Check Answer. to two decimal places, X.xx.) Accounts receivable turnover ratio