Accounts Receivable on January 1 Was $30,000 And,at the End

question 78

Multiple Choice

Accounts receivable on January 1 was $30,000 and,at the end of the year it was $50,000.Net credit sales were $160,000.Accounts receivable turnover is:

• A)2 times.
• B)4 times.
• C)5 times.
• D)6)67 times.

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Definitions:

Custom Home Elevators

Bespoke elevator solutions designed and built to fit within private residences, tailored to the specific requirements and preferences of the homeowner.

Throughput Time

The total time taken to manufacture a product, from the start of production to its completion.

Fill Orders

Completing customer requests for products by preparing, packaging, and shipping the requested items, ensuring orders are fulfilled accurately and promptly.

Manufacturing Cycle Efficiency

A measure of the effectiveness of a manufacturing process, calculated by dividing the value-added production time by the total cycle time.