-According to the Above Table

question 111

Multiple Choice

$\begin{array}{llcc} \text { Net sales reverue } &\$345,000 \\ \text {Cost of goods sold } &\$205,000\\ \text { Average accourts receivable } &\$32,500\\ \text { Average irventory } &\$9,450\\ \text { Average plart, property ard equipment } &\$81,250\\ \text { Average total assets } &\$130,000\\\end{array}$

-According to the above table.Calculate the company's accounts receivable turnover ratio for the current year?

• A)10.62
• B)4.0
• C)4.3
• D)6.31

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Definitions:

Cutting Out

The act of removing or excising a piece of material or a part of a structure.

Excision

A surgical procedure involving the removal of tissue, an organ, or other body part.

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Suffix

A set of letters added to the end of a word to alter its meaning or specify its grammatical function.