TechCom Had Net Sales of $480,000 and Average Accounts Receivable

question 36

True/False

TechCom had net sales of $480,000 and average accounts receivable of $64,000. Its accounts receivable turnover was 7.5.

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Definitions:

Non-native Species

Organisms that have been introduced into an environment where they are not historically found, often causing disruption to local ecosystems.

Environmental Disturbances

Events or changes that disrupt ecosystem, community, or population structures, potentially leading to significant alterations in habitat or biodiversity.

Surface Fire

A type of wildfire that burns along the floor of a forest, affecting surface vegetation and litter.

Mature Trees

Trees that have reached their full size and have usually stopped growing in height, playing a significant role in their ecosystem.