Question: based on the following data for the current year, what is the accounts receivable turnover? Nets sales on account during year $400,000 Cost of merchandise

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

Nets sales on account during year $400,000

Cost of merchandise sold during year 300,000

Accounts receivable beginning of year 45,000

Accounts receivable end of year 35,000

inventory beginning of year 90,000

inventory end of year 110,000

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