Espat Corp.reported net sales (all on credit)of $1,600,000 and cost of goods sold of $1,100,000 for 2017.Its beginning balance of Accounts Receivable was $150,000.The accounts receivable balance decreased by $10,000 during 2017.Rounded to two decimal places,what is Espat's accounts receivable turnover ratio for 2017?
A)7.59
B)10.32
C)10.67
D)11.03

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The Answer of Espat Corp.reported net sales (all on credit)of $1,600,000 and cost of goods sold of $1,100,000 for 2017.Its beginning balance of Accounts Receivable was $150,000.The accounts receivable balance decreased by $10,000 during 2017.Rounded to two decimal places,what is Espat's accounts receivable turnover ratio for 2017?
A)7.59
B)10.32
C)10.67
D)11.03