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The year-end financial statements of Rally Company for the current year, report total revenues of $19,829 million, accounts receivable of $1,399 million at the current
The year-end financial statements of Rally Company for the current year, report total revenues of $19,829 million, accounts receivable of $1,399 million at the current year-end, and $1,318 million for the prior year-end..
The companys accounts receivable turnover for the year is:
A) 14.6 times
B) 14.2 times
C) 15.0 times
D) 15,4 times
E) None of these are correct.
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