Parr Hardware Store Had Net Credit Sales of $5,200,000 and Cost

question 104

Multiple Choice

Parr Hardware Store had net credit sales of $5,200,000 and cost of goods sold of $4,000,000 for the year.The Accounts Receivable balances at the beginning and end of the year were $600,000 and $700,000, respectively.The accounts receivables turnover was

• A) 7.4 times.
• B) 8.7 times.
• C) 6.2 times.
• D) 8 times.

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Definitions:

Boring Task

A task that is perceived as monotonous, repetitive, uninteresting, or lacking stimulation, often leading to disengagement or lack of motivation.

Autonomic Nervous System

A part of the nervous system that controls involuntary actions of the organs, glands, and blood vessels, managing functions such as heart rate, digestion, and respiratory rate.

Aggression

A range of behaviors that can result in both physical and psychological harm to oneself, others, or objects in the environment.

Arousal Level

describes the physiological and psychological state of being awake and reactive to stimuli, varying from low (unstimulated) to high (fully alert).