Based on the following data for the current year what is

Reference no: EM13597997

Based on the following data for the current year, what is the accountsreceivable turnover? Net sales on account during year $500,000Cost of merchandise sold during year 300,000Accounts receivable, beginning of year 45,000Accounts receivable, end of year 35,000Inventory, beginning of year 90,000Inventory, end of year 110,000 a. 12.5b. 11.1c. 10.0d. 14.3

Reference no: EM13597997

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