Flax Had Net Sales of $7,875 and Its Average Accounts

question 165

Essay

Flax had net sales of $7,875 and its average accounts receivables is $1,250. Calculate Flax's accounts receivable turnover:

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Definitions:

Prejudice

Preconceived opinion that is not based on reason or actual experience; usually negative and directed towards individuals or groups.

Discrimination

The unjust or prejudicial treatment of different categories of people, especially on the grounds of race, age, sex, or disability.

Conative Part

Refers to the aspect of the mind involving will, volition, or inclinations that result in actions.

Attitude

A psychological construct that represents an individual's like or dislike for an item, behavior, or issue, influencing their thoughts, feelings, and actions.