Based on the Following Data for the Current Year, Determine $\$ 550,000$

question 38

Multiple Choice

Based on the following data for the current year, determine the accounts receivable turnover. ? Net sales on account during the year Cost of merchandise sold during the year Accounts receivable, beginning of year Accounts receivable, end of year Inventory, beginning of year Inventory, end of year
$\$ 550,000$
350,000
35,000
25,000
80,000
125,000

• A) 9.2
• B) 11.7
• C) 18.3
• D) 7.5

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Definitions:

Commutator

A rotary electrical switch in certain types of electric motors and generators that periodically reverses the direction of current flow through the rotor.

AC Generator

An alternator in a vehicle that converts mechanical energy into alternating current electricity to power electrical systems.

Diodes

Semiconductor devices that allow current to flow in one direction, often used in electronics to rectify, switch, or modulate signals.

Direct Current

An electric current that flows in one direction only, used in many electronic devices and battery-powered systems.