XYZ's receivables turnover is 23 times. The accounts receivable at year-end are $370,000. The average collection period is 150 days. What was the sales figure for the year assuming all sales are on credit? Multiple Choice O O $116,087 $370,000 $16 087

XYZ's receivables turnover is 23 times. The accounts receivable at year-end are $370,000. The average collection period is 150 days. What was the sales figure for the year assuming all sales are on credit? Multiple Choice $116,087 $370,000