Abbott Company Presents the Following Data for 2012 The Accounts Receivable Turnover in Times Per Year Is:
A)6

question 2

Multiple Choice

Abbott Company presents the following data for 2012. $$\begin{array}{l}\begin{array} {lll } \text {Receivables, end of year, less allowances for losses and discounts of \$115,960}&\$2,370,100\\\text {Recervables, beginning of year, less allowance for losses and discounts of \$ 102,330 }&2,443,140\\\text {Net Sales }&24,417,090\\\end{array}\end{array}$$ The accounts receivable turnover in times per year is:

• A)6.9.
• B)7.9.
• C)10.7.
• D)9.7.
• E)11.0.

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Definitions:

Prognosis

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A form of psychotherapy that treats mental, emotional, and behavioral issues by identifying and modifying dysfunctional thinking patterns.

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