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The following information is available for Sheffield Corp.: 2022 2021 Accounts receivable $   361000 $   350000 Inventory 280000...

The following information is available for Sheffield Corp.:

2022

2021

Accounts receivable

$   361000

$   350000

Inventory

280000

351000

Net credit sales

2524050

2624000

Cost of goods sold

1819000

874000

Net income

319000

192000



The accounts receivable turnover for 2022 is

7.2 times.

3.6 times.

7.1 times.

7.0 times.

0 0
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