Question
One measurement of supply chain performance is Accounts Receivable Turnover (ART). This measures how quickly the company collects its money from sales. This is measured
One measurement of supply chain performance is Accounts Receivable Turnover (ART). This measures how quickly the company collects its money from sales. This is measured by Sales Revenue / Accounts Receivable. If Amazon's Accounts Receivables are $4,767,000 and Nordstroms Accounts Receivables are $2,129,000 and Amazon's Sales Revenues are $74,452,000 and Nordstrom's Sales Revenues are $12,148,000 what are their Accounts Receivable Turnovers (ART) and which company is doing a better job at managing their Accounts Receivables.
Question 32 options:
Amazon's ART = 15.62
Nordstrom's ART = 5.71
Amazon is doing a better job by collecting its money 3 times quicker than Nordstrom.
Amazon's ART = 0.06
Nordstrom's ART = 0.18
Amazon is doing a better job by collecting its money 3 times quicker than Nordstrom.
Amazon's ART = 0.06
Nordstrom's ART = 0.18
Nordstrom is doing a better job by collecting its money 3 times quicker than Nordstrom.
Amazon's ART = 15.62
Nordstrom's ART = 5.71
Nordstrom is doing a better job by collecting its money 3 times quicker than Amazon.
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