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tion 23 et answered ed out of 1.00 lag question Consider the following: Year 3 Year 2 Year 1 Cash $12,000$8,000 $10,000 $18,000 $16,800 $15,000

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tion 23 et answered ed out of 1.00 lag question Consider the following: Year 3 Year 2 Year 1 Cash $12,000$8,000 $10,000 $18,000 $16,800 $15,000 Accounts receivable $23,000 $27,000 $24,000 $453,000 $410,000 $432,000 Cost of goods sold $282,000 $298,000 $245,000 $22,000| $24,000 $12,000 ventones et sales et ncome Use the information above and assume all sales are credit sales Calculate the accounts receivable turnover for Year 3 Select one: a. 18.1 b. 16.8 C. 19.7

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