Percy, Inc. had net sales of $1,530,000 during 2019. On January 1, 2019, Percy's accounts receivable were $320,000. On December 31, 2019, Percy's accounts receivable were $400,000.
What was Annabeth's accounts receivable turnover for 2019?
A) 4.25
B) 3.03
C) 3.83
D) 4.78
Correct Answer:
Verified
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