Max's Tire Center Company
Selected data from the financial statements of Max's Tire Center are provided below.
-Refer to the selected data provided for Max's Tire Center. What is Max's receivables turnover ratio in 2012?
A) The receivables turnover is 7.79 in 2012.
B) The receivables turnover is 6.67 in 2012.
C) The receivables turnover is 8.56 in 2012.
D) The receivables turnover is 7.21 in 2012.
Correct Answer:
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