Multiple Choice
Martin Sales provides the following information:
Net credit sales: $790,000
Beginning net accounts receivable: $43,000
Ending net accounts receivable: $20,000
Calculate the accounts receivable turnover ratio.(Round your answer to the nearest whole number. )
A) 18 times
B) 25 times
C) 40 times
D) 37 times
Correct Answer:
Verified
Correct Answer:
Verified
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