Question: Based on the following data for the current year, what is the accounts receivable turnover? Net sales on account during year $570,553 Cost of goods

Based on the following data for the current year, what is the accounts receivable turnover?

Net sales on account during year $570,553
Cost of goods sold during year 195,492
Accounts receivable, beginning of year 40,289
Accounts receivable, end of year 47,383
Inventory, beginning of year 98,851
Inventory, end of year 112,058

Round your answer to one decimal place.

Select the correct answer.

A: 2.9

B: 13.0

C: 5.1

d: 14.2

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