Based on the following data, what is the accounts receivable turnover? Sales on account during year...

  

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Based on the following data, what is the accounts receivable turnover? Sales on account during year Cost of goods sold during year Accounts receivable, beginning of year Accounts receivable, end of year Inventory, beginning of year Inventory, end of year $551,804 204,336 41,658 49,572 92,980 108,799 Based on the following data, what is the accounts receivable turnover? Sales on account during year Cost of goods sold during year Accounts receivable, beginning of year Accounts receivable, end of year Inventory, beginning of year Inventory, end of year $551,804 204,336 41,658 49,572 92,980 108,799

Answer rating: 100% (QA)

To calculate the accounts receivable turnover you need to divide the net credit sales by the average ... View the full answer