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Eastham Company's Accounts Receivable Were $600,000 at the Beginning of the Year

Question 138

Multiple Choice

Eastham Company's accounts receivable were $600,000 at the beginning of the year and $800,000 at the end of the year.Cash sales for the year were $300,000.The accounts receivable turnover for the year was 5 times.Eastham Company's total sales for the year were:


A) $800,000.
B) $1,300,000.
C) $3,300,000.
D) $3,800,000.

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