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Calculate the Buoy Company's accounts receivable turnover ratio for this year. (round to 2 decimal places. e. g. enter 5.87649 as 5.88) Last Year This Year Cash $23,068 $20,620 Accounts Receivable $40,558 $47,510 Inventory $70,767 $76,683 Sales $168,576 $195,099 Cost of Goods Sold $82,791 $85,740 Net Income $39,074 $36,136
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Calculate the Buoy Company's accounts receivable turnover ratio for this year. (round to 2 decimal p...
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