TechCom Has Net Sales of $435,000 and Average Accounts Receivable

question 47

Multiple Choice

TechCom has net sales of $435,000 and average accounts receivable of $87,000. What is the accounts receivable turnover for the period?

• A)95
• B)65.
• C)73.
• D)5.
• E)105.

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Definitions:

Wi-Fi

Wireless network that connects various devices and allows them to communicate with one another through radio waves.

Wi-Max

A wireless communication standard designed to provide high-speed internet access over long distances, primarily in wireless broadband services.

Internet Corporation

An organization that operates in the online space, providing services such as web hosting, e-commerce solutions, or social networking platforms.

Assigned Names and Numbers

The coordination and management of Internet domain names and IP addresses, ensuring that users and systems can find each other online.