Solved

Martin Sales Provides the Following Information: Net Credit Sales: $800,000

Question 65

Multiple Choice

Martin Sales provides the following information: Net credit sales: $800,000
Beginning net accounts receivable: $40,000
Ending net accounts receivable: $23,000
Calculate the accounts receivable turnover ratio.(Round to the nearest whole number. )


A) 25 times
B) 33 times
C) 20 times
D) 35 times

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions