Sandburg Veterinarian Reports the Following Information for the Year What Is Sandburg's Receivables Turnover Ratio?
A)6

Sandburg Veterinarian reports the following information for the year:
$\begin{array}{lr}\text { Net credit sales } & \$ 120,000 \\\text { Average accounts receivable } & 20,000 \\\text { Cash collections on credit sales } & 100,000\end{array}$
What is Sandburg's receivables turnover ratio?

A) 6.0.
B) 5.0.
C) 1.2.
D) 0.2.