Alberta Inc. has sales of $1,000,000, operating profit of $50,000, interest expense of $12,500, tax expense of $7,500, total equity of $200,000, and total debt of $300,000. Current assets consisted of inventory of $70,000 and accounts receivable of $30,000. The company's receivables turnover ratio is 33.33 X 5.66 X 29.42 X 21.10 X 17.10 X

Alberta Inc. has sales of $1,000,000, operating profit of $50,000, interest expense of $12,500, tax expense of $7,500, total equity of $200,000, and total debt of $300,000. Current assets consisted of inventory of $70,000 and accounts receivable of $30,000. The company's receivables turnover ratio is 33.33X 5.66X 29.42X 21.10x 17.10X