The Accounts Receivable Turnover for 2021 Is
A)8

question 24

Multiple Choice

$$\begin{array}{l}\text { The following information is available for Patterson Company: }\\\begin{array} { l r r } & { 2021 } &{ 2020 } \\\text { Accounts receivable } & 360,000 & \$ 340,000 \\\text { Inventory }& 280,000 & 320,000 \\\text { Net credit sales } & 3,150,000 & 2,600,000 \\\text { Cost of goods sold } & 1,800,000 & 840,000 \\\text { Net income } & 300,000 & 170,000\end{array}\end{array}$$ The accounts receivable turnover for 2021 is

---

Definitions:

Attraction

A force that draws individuals together, leading to friendships, romantic relationships, and cohesive group formation.

Positive Bonds

Connections between individuals that are characterized by positive feelings, such as trust, affection, and mutual respect.

Affection

is a gentle feeling of fondness or liking toward someone or something, reflecting a form of emotional warmth or attachment.

Collective Effervescence

A sociological concept describing the sense of energy and harmony experienced by individuals when participating in a group activity.