Redzone Corporation Reported $400,000 in Sales on Account Plus Another

question 42

Multiple Choice

Redzone Corporation reported $400,000 in sales on account plus another $60,000 in cash sales last year.Cost of goods sold for the period totaled $220,000.The beginning balance in accounts receivable was $32,000 and the ending balance was $50,000.How much is the company's accounts receivable turnover?

• A)9.2 times
• B)4.8 times
• C)8.0 times
• D)12.5 times

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Definitions:

Death Ignorer

A person who attempts suicide without recognizing the finality of death.

Durkheim

A French sociologist, Émile Durkheim, known for his foundational contributions to the field of sociology and his theory on the social causes of suicide.

Suicide

The intentional act of causing one's self-demise.

Edwin Shneidman's Definition

An approach to understanding suicide as primarily a response to intense psychological pain, seen as an escape from unbearable anguish.