Martin Sales Provides the Following Information: Net Credit Sales: $750,000

Multiple Choice

Martin Sales provides the following information: Net credit sales: $750,000
Beginning net accounts receivable: $40,000
Ending net accounts receivable: $20,000
Calculate the accounts receivable turnover ratio. (Round to the nearest whole number.)

A) 24 times
B) 25 times
C) 27 times
D) 22 times