Question
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. 0.20. B.
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. 0.20.
B. 5.00
C. 20.0
D. 73.0
E. 3.0
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Authors: Zvi Bodie, Alex Kane, Alan J. Marcus
9th Edition
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