Assume an organization has total current assets of $200,000; total current liabilities of $75,000; inventories of $50,000; prepaid expenses of $25,000; net sales of $770,000; and beginning accounts receivable of $42,000 and ending accounts receivable of $44,000 . What is the accounts receivable turnover for this organization?
a. 2.7
b. $125,000
c. 17.9
d. 19.9
c
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