Multiple Choice
Igor Corporation's accounts receivable, net of allowance for uncollectibles, were $250,000 at December 31, Year 3, and $350,000 at December 31, Year 4.Net cash sales for Year 4 were $300,000.The accounts receivable turnover was 6.0.Igor's net sales for Year 4 were
A) $1,500,000
B) $1,800,000
C) $2,000,000
D) $2,100,000
E) $2,200,000
Correct Answer:

Verified
Correct Answer:
Verified
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