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What the accounts receivable turnover

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Question - Benson Company shows the following data on its 2014 financial statements: Accounts receivable, January 1 $720,000; Accounts receivable, December 31 960,000; Merchandise inventory, January 1 900,000; Merchandise inventory, December 31 1,020,000; Gross sales 4,800,000; Sales returns and allowances 180,000; Net credit sales 4,620,000; Cost of goods sold 3,360,000; Earnings before interest and taxes (Operating Income) 720,000; Interest on bonds 192,000; Net income 384,000. What the accounts receivable turnover?

Reference no: EM133033692

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