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Business, 11.03.2020 22:19 kamand10

Excerpts from Hulkster Company's December 31, 2021 and 2020, financial statements are presented below: 2021 2020 Accounts receivable $ 58,000 $ 45,000 Merchandise inventory 37,000 53,000 Net sales 236,900 231,000 Cost of goods sold 132,000 117,000 Total assets 443,000 414,000 Total shareholders' equity 258,000 234,000 Net income 46,000 37,000 Hulkster's 2021 receivables turnover is: (Round your answer to 2 decimal places.) Multiple Choice 2.28. 4.02. 4.60. 7.64.

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