Hickory Hills Pro Shop Had a Balance in the Accounts

Multiple Choice

Hickory Hills Pro Shop had a balance in the Accounts Receivable account of $800,000 at the beginning of the year and a balance of $900,000 at the end of the year. Net credit sales during the year amounted to $8,040,000. The accounts receivable turnover was

A) 9.5 times.
B) 10.1 times.
C) 8.9 times.
D) 9.8 times.