Refer to the following selected financial information from Marston Company. Compute the company's accounts receivable turnover for Year 2. $$\begin{array} { | l | r | r | }
\hline &{ \text { Year 2 } } & { \text { Year 1 } } \
\hline \text { Accounts receivable, net } & 86,500 & 82,750 \
\hline \text { Net sales } & 723,000 & 693,000 \
\hline
\end{array}$$
A) 4.78.
B) 8.54.
C) 8.59.
D) 8.36.
E) 8.37.

Question

Refer to the following selected financial information from Marston Company. Compute the company's accounts receivable turnover for Year 2. $$\begin{array} { | l | r | r | } 
\hline &{ \text { Year 2 } } & { \text { Year 1 } } \
\hline \text { Accounts receivable, net } & 86,500 & 82,750 \
\hline \text { Net sales } & 723,000 & 693,000 \
\hline
\end{array}$$
A) 4.78.
B) 8.54.
C) 8.59.
D) 8.36.
E) 8.37.

Quizplus · Accepted Answer

The Answer of Refer to the following selected financial information from Marston Company. Compute the company's accounts receivable turnover for Year 2. $$\begin{array} { | l | r | r | } 
\hline &{ \text { Year 2 } } & { \text { Year 1 } } \
\hline \text { Accounts receivable, net } & 86,500 & 82,750 \
\hline \text { Net sales } & 723,000 & 693,000 \
\hline
\end{array}$$
A) 4.78.
B) 8.54.
C) 8.59.
D) 8.36.
E) 8.37.

Refer to the Following Selected Financial Information from Marston Company