With a Beginning Accounts Receivable Balance of $30,000,an Ending Balance

question 51

Multiple Choice

With a beginning Accounts Receivable balance of $30,000,an ending balance of $46,000,and net credit sales of $480,000,compute accounts receivable turnover ratio.

• A)0)08
• B)12.63
• C)16.0
• D)10.43

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Definitions:

Criminal Behavior

Actions that contravene the laws established by a community or country, often leading to arrest, conviction, and punishment.

Adolescent Employment

The phenomenon of teenagers taking on part-time or full-time jobs, which can influence their development, educational involvement, and socialization.

Puberty

The developmental stage in humans marking the transition from childhood to adulthood, characterized by physical and hormonal changes that lead to sexual maturity.

Feedback Loop

A feedback loop is a system where the output of a process is used as input to influence the operation of the same process, often leading to self-regulation.