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The following balance sheet information was provided by O'Connor Company: Assets Cash Accounts receivable Inventory Year 2 $ 3,700 Year 1 $ 2,700 6,700
The following balance sheet information was provided by O'Connor Company: Assets Cash Accounts receivable Inventory Year 2 $ 3,700 Year 1 $ 2,700 6,700 8,700 37,000 38,000 Assuming that net credit sales for Year 2 totaled $162,000, what is the company's most recent accounts receivable turnover? Multiple Choice 21.04 times 10.52 times 18.62 times 24.18 times
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