If Average Accounts Receivable Is $35,000 and Net Sales Total

question 46

Multiple Choice

If average accounts receivable is $35,000 and net sales total $100,000,what is the receivables turnover?

• A)0.3 times
• B)0.4 times
• C)2.9 times
• D)126 times

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Definitions:

Restriction Enzymes

Proteins used in molecular biology that cut DNA at specific recognition nucleotide sequences, important in genetic engineering.

Bacteriophage Infections

Refers to the invasion and proliferation of bacteriophages, which are viruses that infect bacteria, often leading to the lysis (destruction) of the bacteria cell.

Foreign RNA

RNA that originates from a source other than the host organism, often referring to viral RNA or artificially introduced RNA.

Reverse Transcriptase

An enzyme used by some viruses to synthesize DNA from an RNA template, a critical component of the replication process of retroviruses.