Multiple Choice
Starwood Corporation has current assets of $200,000,total current liabilities of $750,000 net credit sales of $1,300,000,beginning accounts receivable of $65,000 and ending accounts receivable of $69,000.What is Starwood's accounts receivable turnover?
A) 21.8 times
B) 19.4 times
C) 22.4 times
D) 5.8 times
Correct Answer:
Verified
Correct Answer:
Verified
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