The Net Accounts Receivable for Andante Company Were $150,000 at the Beginning

Multiple Choice

The net accounts receivable for Andante Company were $150,000 at the beginning of the most recent year and $190,000 at the end of the year.If the accounts receivable turnover for the year was 8.5,and 15% of total sales were cash sales,what were the total sales for the year?

A) $1,445,000.
B) $1,500,000.
C) $1,700,000.
D) $1,900,000.Sales = 1,445,000/(1 - .15) = $1,700,000.