Espat Corp reported net sales (all on credit) of $1,600,000 and cost of goods sold of $1,100,000 for 2015 . Its beginning balance of Accounts Receivable was $150,000 . The accounts receivable balance decreased by $10,000 during 2015 . Rounded to two decimal places, what is Espat's accounts receivable turnover rate for 2015?
a. 7.59
b. 10.32
c. 10.67
d. 11.03
d
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Answer the following statement(s) true (T) or false (F)
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a. we can take an educated guess b. we can use the range value (the difference between the maximum and minimum values) c. we can use the variance d. we can use the mean plus or minus three standard deviations
Research suggests that the continued participation of Baby Boomers in the workforce will subtract a significant amount from the U.S. economic output.
Answer the following statement true (T) or false (F)