Frantic Company Had $130,000 in Sales on Account Last Year

question 185

Multiple Choice

Frantic Company had $130,000 in sales on account last year.The beginning accounts receivablebalance was $10,000,and the ending accounts receivable balance was $16,000.The company's accounts receivable turnover was closest to which of the following?

• A) 5.00 times.
• B) 8.13 times.
• C) 10.00 times.
• D) 13.00 times.

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Definitions:

Peripheral Vascular Resistance

Refers to the resistance that blood vessels outside the heart offer against blood flow, affecting blood pressure.

Respiratory Cycle

The complete sequence of events in breathing which includes inhalation, exhalation, and the pause that occurs between breathing cycles.

Bradycardia

A slower than normal heart rate, typically fewer than 60 beats per minute in adults, which can be a sign of an underlying health issue.

African-American

Refers to individuals of Black ancestry or origin who live in the United States, a term often relating to cultural, historical, and social experiences.