Wilson,Inc.provides the following data:

Calculate accounts receivable turnover ratio form 2017.(Round your answer to two decimal places. )
A)4.80 times
B)3.85 times
C)2.82 times
D)2.22 times

Question

Wilson,Inc.provides the following data:

Calculate accounts receivable turnover ratio form 2017.(Round your answer to two decimal places. )
A)4.80 times 
B)3.85 times 
C)2.82 times 
D)2.22 times

Quizplus · Accepted Answer

C)Accounts receivable turnover ratio = Net credit sales / Average net accounts receivable = $240,000 / $85,000 = 2.82 times

Wilson,Inc.provides the Following Data