Dell Had Net Sales of $8,739 Million and Average Accounts

question 101

Multiple Choice

Dell had net sales of $8,739 million and average accounts receivable of $864 million.Its accounts receivable turnover was:

• A)9.9.
• B)10.1.
• C)12.8.
• D)36.1.
• E)9.1.

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Definitions:

U.S. Economy

The economic system of the United States, characterized by a mixed economy with both private enterprise and government intervention.

Open Economy

An economy that engages in international exchange of goods, services, and capital.

Foreign Trade

The exchange of goods, services, and capital between countries and territories, influencing the global economy.

GDP

Gross Domestic Product, the total market value of all final goods and services produced within a country in a given period.