TechCom Has Net Sales of $435,000 and Average Accounts Receivable

question 65

Multiple Choice

TechCom has net sales of $435,000 and average accounts receivable of $87,000. What is the accounts receivable turnover for the period?

• A) 5
• B) 73
• C) 65
• D) 95
• E) 105

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Definitions:

Clinical Consultant

A healthcare professional who provides expert advice in their area of specialization, often within clinical settings.

Doctoral Degree

The highest level of academic degree awarded by universities, signifying mastery in a specific field or discipline and usually requiring original research.

Clinical Laboratory Improvement Amendments

U.S. federal standards that apply to all clinical laboratory testing performed on humans for the purpose of health assessment or the diagnosis, prevention, or treatment of disease.

Occupational Safety

The discipline focused on the safety, health, and welfare of people at work.