Find Accounts Receivable Turnover If a Firm Has an Accounts

question 15

Multiple Choice

Find accounts receivable turnover if a firm has an accounts receivable of $80,000,a total asset turnover of .75,and total assets of $230,000.

• A) 2.15
• B) 3.8
• C) 2.9
• D) 1.5
• E) 0.65

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Definitions:

Positive Reinforcement

Increasing the probability that behavior will be repeated by rewarding people for making the desired response; improves learning and motivation.

Contingent

Dependent on certain conditions or situations; not absolute.

Employee Recognition Programs

Formal schemes implemented by organizations to reward and acknowledge the achievements and contributions of their employees.

Employee Engagement

The emotional commitment an employee has to their organization and its goals, often resulting in higher productivity.