Chuck Company Has a Beginning Accounts Receivable Balance of $65,000

question 74

Multiple Choice

Chuck Company has a beginning Accounts Receivable balance of $65,000 and an ending balance of $60,000.Net credit sales are $250,000.The company's accounts receivable turnover ratio is:

• A)3.846.
• B)4.167.
• C)4.000.
• D)None of the above.

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Definitions:

Test Bias

The presence of unfair, systemic advantages or disadvantages in a test that affect the performance of certain groups of people.

School Performance

An evaluation of a student's academic achievement in educational settings, often measured by grades and test scores.

Test Bias

The presence of certain elements within a test that systematically disadvantage a particular group of test-takers.

IQ Score

A measure of a person's intelligence as indicated by an intelligence test, relative to the age of the individual.