Powers Company reported Net sales of and average Accounts Receivable net

Question

Powers Company reported Net sales of $1,200,000 and average Accounts Receivable, net of $78,500. The accounts receivable turnover ratio is:
A. 0.65 times
B. 14.3 times.
C. 28.6 times
D. 15.3 times
E. 16.3 times.

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