At the Beginning of the Year,Vici Ventures Had Accounts Receivable

question 82

Multiple Choice

At the beginning of the year,Vici Ventures had accounts receivable of $220,000.At the end of the year,the company had accounts receivable of $340,000.During the year,Vici had total sales of $1,000,000,70% of which were credit sales.What was Vici's receivables turnover ratio for the year?

• A)2.50.
• B)3.57.
• C)2.94.

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Definitions:

Complete Physical Examination

A thorough medical evaluation of a patient, assessing multiple systems of the body to detect any signs of disease or abnormalities.

General State Of Health

An overall assessment of an individual's health, considering various factors like physical condition, mental well-being, and absence of disease.

Bimanual

Two-handed; with both hands.

Vaginal Examination

A medical procedure where a healthcare provider inspects the vagina and cervix visually and manually to assess health and diagnose conditions.