Company annual sales

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Zucha Corporation has an inventory period of 55 days, an accounts receivable (A/R) period of 6 days, and an accounts payable (A/P) period of 3 days. The company's annual sales is $182,795. Answer following questions.

How many times per year does the company turn over its accounts receivable?

  • 6.64 times
  • 60.83 times
  • 121.67 times
  • 6.29 times
  • 5.98 times

Reference no: EM131019210

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