A company has net sales on account of $1,750,000. Net accounts receivable at the beginning of the year are $147,000 and at the end of the year are $153,000. The accounts receivable turnover is:
A) 11.9.
B) 11.7.
C) 11.4.
D) 1.0.

Question

Quizplus · Accepted Answer

The Answer of A company has net sales on account of $1,750,000. Net accounts receivable at the beginning of the year are $147,000 and at the end of the year are $153,000. The accounts receivable turnover is:
A) 11.9.
B) 11.7.
C) 11.4.
D) 1.0.

A Company Has Net Sales on Account of $1,750,000