With a Beginning Accounts Receivable Balance of $80,000; an Ending

question 33

Short Answer

With a beginning accounts receivable balance of $80,000; an ending accounts receivable balance of $120,000; and net credit sales of $900,000; the accounts receivable turnover is __________.

---

Definitions:

Mobile Technology

Technologies related to portable computing devices such as smartphones and tablets that allow users to access services and information on the go.

Market-Product Combination

The pairing of a specific market segment with a particular product or service, tailored to meet the segment's needs.

Infomercials

Program-length (30-minute) advertisements that take an educational approach to communication with potential customers.

Market Segmentation

The process of dividing a broad consumer or business market, normally consisting of existing and potential customers, into sub-groups based on some type of shared characteristics.