Accounts Receivable on January 1 Was $38,000 And, at the End

question 76

Multiple Choice

Accounts receivable on January 1 was $38,000 and, at the end of the year it was $53,000. Net credit sales were $168,000. Accounts receivable turnover is: (Round your answer two decimal places.)

• A) 1.85 times.
• B) 3.69 times.
• C) 4.42 times.
• D) 11.20 times.

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Definitions:

Lumbar Curvature

The inward curve of the lumbar spine (lower back), which is a natural part of the spine's shape.

Sacral Curvature

The natural inward curvature (lordosis) of the sacral spine region that contributes to the overall S-shape of the spinal column.

Thoracic Curvature

The natural curve of the thoracic spine, which is convex in shape when viewed from the side.

Cervical Curvature

This refers to the slight inward curve of the cervical spine, also known as the neck region of the spine.