Pepperdine Reported Net Sales of $8,600 Million, Net Income of $126

question 38

Multiple Choice

Pepperdine reported net sales of $8,600 million, net income of $126 million and average accounts receivable of $890 million. Its accounts receivable turnover is:

• A) 7.1.
• B) 9.7.
• C) 68.3.
• D) 51.7.
• E) 37.8.