Following are the financial statements for Starman Corporation for the year ended December 31, 2009. Assume that all balance sheet amounts represent both average and ending figures.
What is the receivable turnover for this corporation? Round your answer to one decimal place.
A) 8.0 times
B) 6.0 times
C) 4.8 times
D) 1.8 times
Correct Answer:
Verified
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