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The Rye Corporation has provided the following information: Total sales were $1,210,000. Beginning net accounts receivable was $46,000. Ending net accounts receivable was $64,500. Sales

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The Rye Corporation has provided the following information: Total sales were $1,210,000. Beginning net accounts receivable was $46,000. Ending net accounts receivable was $64,500. Sales returns and allowances totaled $102,000. . What was Rye's receivables turnover ratio? Multiple Choice O 18.80 21.90 O 20.05 O 10.03

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