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:

Probable Cause

A reasonable basis for believing that a crime has been or is being committed, justifying a search or arrest by law enforcement.

Motion To Suppress

A request made to a judge to exclude certain evidence from trial, typically because it was obtained in violation of the defendant's rights.

Seized Evidence

Items or information gathered through legal authority that are used in court to prove the facts of a case.

Unanimous Agreement

A decision or conclusion reached with the approval and consent of all parties or members involved.