Prune Juice Corp $\begin{array}{llr} \text { Net sales} &\$1,350,000\\ \text {Net income } &\$240,000\\ \text { Average net receivables } &\$185,000\end{array}$

question 20

Multiple Choice

Prune Juice Corp. reported the following data on their 2020 financial statements: $\begin{array}{llr} \text { Net sales} &\$1,350,000\\ \text {Net income } &\$240,000\\ \text { Average net receivables } &\$185,000\end{array}$
To two decimals, the accounts receivable turnover for 2020 is

• A) 5.63.
• B) 7.30.
• C) 8.59.
• D) 0.14.

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Definitions:

Visual Workplace

A work environment where information about processes and performance is made visible to employees through displays, charts, and signals to enhance understanding and efficiency.

Low-Cost Visual Devices

Tools and devices designed to visually signal information in the workplace in an efficient and cost-effective manner, often used in lean manufacturing.

Rapid Communication

The swift exchange of information or messages, often facilitated by technology, to speed up decision-making processes.

Non-Value Added Activities

Processes or actions that consume resources but do not directly contribute to the final product or customer value, often targeted for elimination in efficiency efforts.