Starwood Corporation has current assets of $200,000, total current liabilities of $750,000 net credit sales of $1,300,000, beginning accounts receivable of $65,000 and ending accounts receivable of $69,000. What is Starwood's accounts receivable turnover?
A. 22.4 times
B. 5.8 times
C. 21.8 times
D. 19.4 times
Answer: D
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Indicate whether the statement is true or false