If Randolph Corp

question 22

Multiple Choice

If Randolph Corp. has accounts receivables of $654,803 and net sales of $1,932,349, what is its accounts receivable turnover? Round your final answer to two decimal places.

• A) 0.34 times
• B) 1.78 times
• C) 2.95 times
• D) None of the above

---

Definitions:

Compliance

The act of adhering to rules, standards, or laws, often within a regulatory, corporate, or legal context.

Servers

Computer systems or software that provide data, resources, or services to other computers, known as clients, over a network.

Warrant

A warrant is an official document issued by a legal or government official authorizing the police or some other body to make an arrest, search premises, or carry out some other action relating to the administration of justice.

Foreign Countries

Nations that are outside the jurisdiction or territory of one's own country, often having different legal, cultural, and political systems.