Powers Company reported Net sales of $1,340,000 and average Accounts Receivable, net of $64,500. The accounts receivable turnover ratio is:
A. 19.8 times.
B. 21.8 times.
C. 39.6 times.
D. 20.8 times.
E. 0.48 times.
Answer: D
You might also like to view...
In the states that recognize holographic wills, such wills will be valid if:
A. they are in the handwriting of the testator. B. the material portions in the will are typed. C. they do not evidence testamentary intent. D. they are typed and evidence testamentary intent.
When effective groups address issues such as group members who are not performing up to expectations, or who are behaving badly, or challenges to a boss in the room, they would be discussing
A. a self-critique. B. how to keep the discussion focused. C. jointly designed ways to test disagreements and solutions. D. undiscussable issues.
In a typical health-care organization, the medical error rates range ______.
A. from 67 to 309 per trillion opportunities B. between two sigma and three sigma C. to one error per second per hospital D. to one error per physician per procedure per day
Companies that manufacture products such as custom-designed decks and pools would most likely use which type of costing?
A) Process costing B) Job costing C) Operations costing D) Normal costing