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The following information is available for Rivers, Inc.: 12/31/20A2 12/31/20A1 Cost of Goods Sold $ 900,000 $ 700,000 Net Sales 1,500,000 1,000,000 Accounts Receivable 180,000

The following information is available for Rivers, Inc.: 12/31/20A2 12/31/20A1 Cost of Goods Sold $ 900,000 $ 700,000 Net Sales 1,500,000 1,000,000 Accounts Receivable 180,000 200,000 Allowance for Doubtful Accounts 30,000 40,000 What was the accounts receivable turnover ratio for 20A2?

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8.33

9.68

7.89

5.81

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