The following data represent selected information from the comparative income statement and balance sheet for Duenke Company for the years ended December 31, 2009 and 2008: * 10,000 shares of common stock have been issued and outstanding since the company was established. They had a market value of $90 per share on December 31, 2008, and they were selling for $91.50 on December 31, 2009.
The accounts receivable turnover for Duenke Company for the year ended December 31, 2009, was:
A) 13.45.
B) 12.33.
C) 12.11.
D) 13.32.
Correct Answer:
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