A Company Has Net Sales of $870,000 and Average Accounts

question 126

Multiple Choice

A company has net sales of $870,000 and average accounts receivable of $174,000.What is its accounts receivable turnover for the period?

• A)0.20
• B)5.00
• C)20.0
• D)73.0
• E)1,825

---

Definitions:

Candidates

Individuals who run for political office or are selected to participate in elections or contest for a position.

Protestant

A branch of Christianity that emerged in the 16th century, distinguished by its rejection of certain Roman Catholic doctrines and practices.

Catholic

Pertaining to the Christian denomination that recognizes the Pope as the spiritual leader and is characterized by its sacramental and liturgical practices.

African American

African American refers to an ethnic group in the United States with total or partial ancestry from any of the Black racial groups of Africa.