Assessment 3: Senath Company's annual report... of 2 Senath Company's annual report reveals net credit sales of $240,000 and average accounts receivable of $20,000. The report also shows an average Inventory balance of $10,000 and cost of goods of $200,000. Based on this information, the accounts receivable turnover is Multiple Choice C) 31 times per year. O 20 times per year 19 times per year. O 12 times per year