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Based on the following data, what is the accounts receivable turnover? Line Item...

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Accounting

Based on the following data, what is the accounts receivable turnover?

Line Item Description Amount
Sales on account during year $700,000
Cost of goods sold during year 270,000
Accounts receivable, beginning of year 45,000
Accounts receivable, end of year 35,000
Inventory, beginning of year 90,000
Inventory, end of year 110,000

a. 17.5

b. 15.5

c. 2.6

d. 20.0

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