Freeman Company had $130,000 in sales on account last year. The beginning accounts receivable balance was $16,000 and the ending accounts receivable balance was $18,000. The company's accounts receivable turnover was closest to:
A) 7.65 times
B) 3.82 times
C) 7.22 times
D) 8.13 times
A
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Which of the following is NOT a direct financial cost of inventory?
a. cost of utilities b. opportunity cost of capital locked up in inventory c. interest paid on capital d. all of the above are direct financial costs of inventory
Linton, as a sales agent for Nancy, may keep the money for the sales in his personal bank account until due to her as long as he keeps accurate records of the amounts he must separate out to pay to her
a. True b. False Indicate whether the statement is true or false
Which of the following is defined as a corrective action that is taken to support core values, such as truth, trust, and respect, while simultaneously preserving human dignity?
A. Industriousness B. Permissiveness C. Caring confrontation D. Positive reinforcement
Within the final report, the project summary is the summary that simply highlights the key findings and facts relating to the project implementation.
Answer the following statement true (T) or false (F)