The following information is from the annual financial statements of Nancy Company.
2013 2012 2011
Net sales $357,000 $278,000 $325,000
Account receivable, net (year-end) 52,900 49,700 46,400
What is the accounts receivable turnover ratio for 2012?
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Home » Business » The following information is from the annual financial statements of Nancy Company. 2013 2012 2011 Net sales $357,000 $278,000 $325,000 Account receivable, net (year-end) 52,900 49,700 46,400 What is the accounts receivable turnover ratio for 2012?