A company has net sales of $1,200,000 and average accounts receivable of $400,000. What is its accounts receivable turnover for the period?
A. 73.0
B. 20.0
C. 5.00
D. 3.0
E. 0.33
Answer: D
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Which of the following is a capital component for the purpose of calculating the weighted average cost of capital in capital budgeting??
A. ?The after-tax cost of long-term debt B. ?The after-tax cost of common stock C. ?The after-tax cost of preferred stock D. ?The after-tax cost of retained earnings E. ?The after-tax cost of new equity
If a person owes $50,000 at 10 percent and annually pays $10,000, the loan will be retired in 5 years.?
Answer the following statement true (T) or false (F)
Identifying risks is the first task to be completed before a comprehensive insurance program can be developed for a business.
Answer the following statement true (T) or false (F)