Igor Corporation's Accounts Receivable, Net of Allowance for Uncollectibles, Were

question 22

Multiple Choice

Igor Corporation's accounts receivable, net of allowance for uncollectibles, were $250,000 at December 31, Year 3, and $350,000 at December 31, Year 4.Net cash sales for Year 4 were $300,000.The accounts receivable turnover was 6.0.Igor's net sales for Year 4 were

• A)$1,500,000
• B)$1,800,000
• C)$2,000,000
• D)$2,100,000
• E)$2,200,000

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Definitions:

Private

A modifier in object-oriented programming that restricts access to methods and variables to the class in which they are declared.

Base Class

The parent class in inheritance hierarchies from which subclasses inherit attributes and methods in object-oriented programming.

Modifiers

Keywords in programming that you apply to declarations to change their meanings or behaviors; for classes, methods, or variables, they might include public, private, or protected visibility modifiers.

Public

An access modifier in programming languages like Java, allowing members to be accessible from any other class.