Answer:
13.34
Explanation:
In this question, we are told to compute the account receivable turnover at the end of the year.
To calculate this , we proceed using a mathematical approach;
mathematically;
Accounts receivable turnover = Net Sale / (Average accounts receivable)
From the question, we can identify that the net sale is $12,442,000,000 while the average accounts receivable which is the average of the account receivable at the start of the year and that at the beginning of the year
= $ 12442000000 / (912000000 + 953000000)/2
= $ 12442000000 / 932500000
= 13.34
