8. A company reported annual sales revenue (all on credit) of $1,800,000. During oheo year, accounts receivable decreased from a $56,000 beginning balance to ending balance. a $48,000 How much is cash received from customers during the year? A) $1,964,000 B) $1,808,000 C) $1,796,000 D) $1,820,000 9. All things equal, increasing asset turnover, increases A) Sales B) Profit Margin C) Assets D) Return on Equity 10. Which of the following companies is most likely to have the highest inventory turnover ratio? A) Kentucky Fried Chicken franchises. B) Candy manufacturer C) Wal-Mart. D) Mercedes Benz dealership