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:

Hardiness

The personal quality of being able to endure difficult conditions and stress without becoming distressed.

Hardiness

A personality trait characterized by resilience and the ability to endure stressful situations.

Consideration

The act of thinking carefully about something, especially when making decisions or forming opinions.

Commitment

A psychological state or an act of dedicating oneself to a cause, activity, or relationship, often implying a long-term engagement.