A company has net sales of $900,000 and average accounts receivable of $300,000. What is its accounts receivable turnover for the period?

A company has net sales of $900,000 and average accounts receivable of $300,000. What is its accounts receivable turnover for the period?

A company has net sales of $900,000 and average accounts receivable of $300,000. What is its accounts receivable turnover for the period? 



A. 0.20.
B. 5.00
C. 20.0
D. 73.0
E. 3.0


Answer: E