A Company Has Net Sales of $1,200,000 and Average Accounts

question 48

Multiple Choice

A company has net sales of $1,200,000 and average accounts receivable of $400,000. What is its accounts receivable turnover for the period?

• A) 5.00
• B) 3.0
• C) 20.0
• D) 73.0
• E) 0.33

---

Definitions:

Negative Messages

Negative messages convey unfavorable information, rejections, or feedback, often requiring careful wording to maintain professionalism and sensitivity.

Business Transactions

Financial or commercial activities that occur between two or more parties.

Customer's Expectations

The set of assumptions or desires that a customer has regarding the level of service or product quality from a business.

Defamation

The act of damaging someone's reputation by making false and harmful statements.