Andras Technology Has Accounts Receivable of $35,680, Total Assets of $538,500

Multiple Choice

Andras Technology has accounts receivable of $35,680, total assets of $538,500, cost of goods sold of $325,400, and a capital intensity ratio of ..90.What is the accounts receivable turnover rate?

A) 15.56
B) 16.77
C) 9.12
D) 10.13
E) 10.31