The Following Information Is Available for Oakland Company The Accounts Receivable Turnover Ratio for 2017 Is
A) 1

question 138

Multiple Choice

The following information is available for Oakland Company: $\begin{array}{lrr}&2017&2016\\\text { Accounts receivable } & \$ 430,000 & \$ 460,000 \\\text { Inventory } & 280,000 & 320,000 \\\text { Net credit sales } & 2,670,000 & 1,600,000 \\\text { Cost of goods sold } & 1,860,000 & 1,060,000 \\\text { Net income } & 300,000 & 170,000\end{array}$ The accounts receivable turnover ratio for 2017 is

• A) 1.4 times.
• B) 6.2 times.
• C) 6.0 times.
• D) 5.8 times.

Know how to work with tables, including filling cells and modifying table structures.

Master the concepts of linking and embedding objects, and understand the implications for file management and updates.

Understand the fundamental differences between consequences and punishment.

Identify and apply effective strategies for working with families on guidance and discipline.

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Definitions:

Coordinating

The process of aligning activities, resources, and schedules to achieve goals efficiently and effectively.

Effective Leadership

The ability of a leader to inspire, influence, and guide individuals or teams to achieve organizational goals with efficiency and integrity.

Leader Behavior

The actions and activities undertaken by a leader in the direction of guiding, influencing, and overseeing a group or organization.

Subordinates

Individuals in a lower position or rank within an organizational hierarchy who report to someone above them.