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This Year Last Year Accounts receivable...... $107,000 $108,000 Inventory . $179,000 $187,000 Sales on account. $654,000 Cost of goods sold $461,000 20. Smay Corporation has

This Year Last Year Accounts receivable...... $107,000 $108,000 Inventory . $179,000 $187,000 Sales on account. $654,000 Cost of goods sold $461,000 20. Smay Corporation has provided the data shown. The accounts receivable turnover for this year is closest to O A. 1.01 O B. 6.08 O C. 6.11 O D. 0.99 Mark for review (Will be highlighted on the review page)

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