Cyclone Inc Calculate the Accounts Receivable Turnover for 2011 and 2010

question 46

Not Answered

Cyclone Inc.reported the following figures from their financial statements for the years 2009 through 2011:
$$\begin{array} { l r r r } & \underline { 2011 } & \underline { 2010 } & \underline { 2009 } \\\text { Net revenues } & \$ 717,422 & \$ 1,110,178 & \$ 591,786 \\\text { Gross profit } & 560,421 & 960,434 & 498,605 \\\text { Net income (net loss) } & ( 92,788 ) & 70,776 & 47,811 \\\text { Cash flow from operations } & 106,850 & 509,707 & 204,496 \\\text { Accounts receivable } & 68,648 & 90,561 & 56,454\end{array}$$ Calculate the accounts receivable turnover for 2011 and 2010:

---

Definitions:

ATP

Adenosine triphosphate is a compound that transports energy within cells to fuel metabolic processes.

Aerobic Respiration

The process of producing cellular energy involving oxygen, converting glucose and oxygen into carbon dioxide and water, and releasing energy.

Nutrients

Substances needed by organisms to survive, grow, and reproduce, which are obtained from food.

Inflation Reflex

A reflex that helps regulate the depth of breathing, initiated by stretch receptors in the lungs to prevent overexpansion.