With a Beginning Accounts Receivable Balance of $40,000,an Ending Balance

question 79

Multiple Choice

With a beginning Accounts Receivable balance of $40,000,an ending balance of $100,000,and net credit sales of $600,000,compute accounts receivable turnover ratio (rounded to the nearest tenth) .

• A)7)6
• B)11.4
• C)8)57
• D)3)8

---

Definitions:

Romantic Relationship

A personal and emotional interaction between two individuals that typically involves love, attraction, or dating.

Intimate Information

Intimate information consists of personal details that are typically shared within close relationships, covering aspects of personal life, feelings, and thoughts.

Leave Home

The act of moving out of one's current residence, often to achieve independence, pursue opportunities, or start a new phase of life.

Parents

The guardians or caregivers responsible for the raising, support, and education of a child.