Eleva Corporation's Accounts Receivable Turnover for 2011 Is Closest To

question 25

Multiple Choice

Eleva Corporation's accounts receivable turnover for 2011 is closest to:

• A) 4.63 times.
• B) 2.91 times.
• C) 5.42 times.
• D) 68 days.

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Definitions:

Common Goals

Shared objectives or purposes that unite individuals or groups in their efforts.

Desired Resource

An asset, material or immaterial, that individuals or organizations strive to obtain in order to fulfill specific needs or objectives.

Allocentric

Characterized by or thinking about others and the community more than oneself; opposite of egocentric.

Individualistic Orientation

A viewpoint or personal philosophy that prioritizes individual goals and rights over those of the group or collective.