A firm has sales of $1 million,net income of $250,000,total current assets of $300,000,and accounts receivable of $200,000.The firm's accounts receivable turnover is

Name: A firm has sales of $1 million,net income of $250,000,total current assets of $300,000,and accounts receivable of $200,000.The firm's accounts receivable turnover is
Brand: Quizplus
Rating: 4.8 (52 reviews)

Question

Quizplus · Accepted Answer

Accounts receivable turnover = 11ea7fdb_fc2e_c45f_a768_fbbc4a49fefe_TB2902_11 Accounts receivable turnover = 11ea7fdb_fc2e_eb70_a768_21cc7255b218_TB2902_11 = 5

A Firm Has Sales of $1 Million,net Income of $250,000,total