SSS Ltd Has Provided the Following Information from Its Financial

question 18

Multiple Choice

SSS Ltd has provided the following information from its financial statements for the year ended 30 June 2018. $\begin{array}{ll}\text { Sales (all on credit) } & \$ 2,000,000 \\\text { Gross profit on sales } & 1,000,000 \\\text { Net profit } & 150,000 \\\text { Cost of sales } & 1,000,000 \\\text { Inventory at end of year } & 200,000 \\\text { Accounts receivable at end of year } & 500,000\end{array}$
-The company trades 365 days per year. The number of times SSS's accounts receivable turned over for 2018 is:

• A)5.0 times.
• B)1.8 times.
• C)3.8 times.
• D)4.0 times.

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Definitions:

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A repetitive movement, commonly seen in some individuals with developmental disorders or those experiencing extreme stress, characterized by back-and-forth rocking of the body.

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Refers to the dynamic and complex interactions and bonds formed between parents and their children, influencing their emotional, psychological, and social development.

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The underlying feelings or emotions that serve as the foundation for behaviors, attitudes, or perceptions.

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A form of attachment where individuals feel confident and trust their relationship partners to meet their needs.