A company had total sales of $600,000, net sales of $550,000, and an average accounts receivable of $90,000. Its accounts receivable turnover equals:

A. 1.1
B. 63.0
C. 6.3
D. 6.1
E. 54.8


Answer: D

Business

You might also like to view...

To be fully prepared and engaged in shared leadership, all team members must be capable of:

a. self-leading and leading others b. self-leading and being led c. leading other and being led d. self leading, leading others, and be led

Business

How does the text classify major and minor objections?

What will be an ideal response?

Business

Hierarchal pluralism creates in-groups and out-groups, frequently made up of employees who have become isolated and estranged in the workplace.

a. True b. False

Business

At Hard Rock Café, tasks that reflect operations or operations management include:

A) designing efficient layouts. B) providing meals. C) receiving ingredients. D) preparing effective employee schedules. E) all of the above.

Business