A company had total sales of $840,000, net sales of $821,400, and an average accounts receivable of $111,000. Its accounts receivable turnover equals:

A. 61.2
B. 69.4
C. 1.0
D. 7.6
E. 7.4


Answer: E

Business

You might also like to view...

The ________ approach to consumer research asks customers to attach a monetary value to alternative levels of a given attribute. The value of a given configuration is determined by adding the average values of each of the given attributes

A) benchmarking B) compositional C) importance rating D) focus-group E) conjoint analysis

Business

During December, Moulding Corporation incurred $76,000 of actual Manufacturing Overhead costs. During the same period, the Manufacturing Overhead applied to Work in Process was $74,000.Required:Prepare journal entries to record the incurrence of manufacturing overhead and the application of manufacturing overhead to Work in Process.

What will be an ideal response?

Business

Which of the following is associated with a control chart?

A. center line B. upper specification limit C. lower specification limit D. cumulative defect line

Business

For reporting purposes, the personal assets and debts of a business owner should be combined with the assets and debts of the business

Indicate whether the statement is true or false

Business