The Net Accounts Receivablefor Andante Company Were $150,000 at the Beginning

question 183

Multiple Choice

The net accounts receivablefor Andante Company were $150,000 at the beginning of the most recent year and $190,000 at the end of the year.If the accounts receivable turnover for the year was 8.5,and 15% of total sales were cash sales,what were the total sales for the year?

• A) $1,445,000.
• B) $1,500,000.
• C) $1,700,000.
• D) $1,900,000.

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