Given the Following Information Regarding Accounts Receivable What Is the Accounts Receivable Turnover?
A)4 Times
B)6 Times

question 56

Multiple Choice

Given the following information regarding accounts receivable: $\begin{array}{ll}\text { Accounts receivable, December } 31 & \$ 7,000 \\\text { Total current assets, Jamuary 1 } & 30,000 \\\text { Sales (25\% cash sales) } & 40,000 \\\text { Total current assets, December } 31 & 25,000 \\\text { Accountsreceivable, J anuary 1 } & 3,000\end{array}$ What is the accounts receivable turnover?

• A)4 times
• B)6 times
• C)8 times
• D)10 times

---

Definitions:

Cathartic Hypothesis

The notion that acting aggressively, or even just viewing aggressive material, reduces feelings of anger and aggression.

Physically Assault

Refers to engaging in physical force or violence against another individual, causing harm or injury.

Verbally Abuse

The act of using words to harm, control, or belittle someone, often a form of psychological or emotional violence.

Meditate

The practice of focusing the mind and achieving a state of deep peace and mindfulness, often used for relaxation and stress reduction.