During a given year,Compaq had net sales of $32,000 million and average account receivables of $6,850 million.Its accounts receivable turnover is equal to 0.21.

Name: During a given year,Compaq had net sales of $32,000 million and average account receivables of $6,850 million.Its accounts receivable turnover is equal to 0.21.
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The accounts receivable turnover is calculated by dividing net sales by average accounts receivable. For Compaq, it would be $32,000 million / $6,850 million = 4.67, not 0.21.

During a Given Year,Compaq Had Net Sales of $32,000 Million