Using the Following Data for the Current Year, Determine the Accounts

Multiple Choice

Using the following data for the current year, determine the accounts receivable turnover. ? $\begin{array}{lr}\text { Net sales on account during the year } & \$ 457,065 \\\text { Cost of merchandise sold during the year } & 461,280 \\\text { Accounts receivable, beginning of year } & 75,290 \\\text { Accounts receivable, end of year } & 26,280 \\\text { Inventory, beginning of year } & 185,000 \\\text { Inventory, end of year } & 169,570\end{array}$

A) 7
B) 8
C) 10
D) 9