A firm has sales of $1 million, net income of $250,000, total current assets of $300,000, and accounts receivable of $200,000. The firm's accounts receivable turnover is
A) 0.33 times.
B) 0.20 times.
C) 1.50 times.
D) 5.00 times.
E) 1.25 times.
D
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With a finite-source model, increasing the arrival rate by 10 percent and also increasing the service rate by 10 percent will result in a(n):
A) increase in the utilization of the server. B) increase in the average number of customers in the service system. C) decrease in the average time spent in the system, including service. D) increase in the waiting time in line.
Phoebe enters into a contract with Everest for a guided tour of Whitewater Canyon. Everest acts as though he is an experienced, knowledgeable guide, when in reality he has never been in the canyon. Phoebe is most likely a victim of A) undue influence
B) fraud. C) mistake. D) nothing.
A revolving account requires the debtor to pay in full within a fixed time period
a. True b. False Indicate whether the statement is true or false
The amount of a sunk cost will vary depending on the values of the decision variables
a. True b. False Indicate whether the statement is true or false