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

question 139

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.

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Definitions:

Hostility

A form of anger and aggressive behavior that can result from frustration, perceived injustice, or other negative feelings.

Demeaning Nature

Refers to the act or attitude of reducing the value or worth of something in a disrespectful manner.

Abusive Supervision

The bullying of subordinates by managers.

Employee Well-Being

The overall physical, mental, and emotional state or condition of an employee that contributes to their satisfaction and effectiveness at work.