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:

Physical Therapy

A healthcare profession that uses physical methods, such as exercises and massages, to treat and rehabilitate patients.

Full-time

Employment status where an individual works a minimum number of hours defined as such by their employer, typically around 40 hours per week.

Sexual Harassment

Unwelcome and inappropriate actions of a sexual nature in the workplace.

Workplace

A location or environment where people are employed and perform tasks related to their jobs, which may include offices, factories, stores, or any place of work.