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Unkersal Spoits Supply began the year with an accounts recelvable balance of $190,000 and a year-end balance of 5210.000 . Credit sales of $735,000 generate

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Unkersal Spoits Supply began the year with an accounts recelvable balance of $190,000 and a year-end balance of 5210.000 . Credit sales of $735,000 generate a gross profit of $245,000 Calculate the receivables turnover ratio for the year. Hint: Accounts Recervable Turnover = Credit Sales / Average Accounts Recelvable

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