Solved

A Company Had Total Sales of $600,000,net Sales of $550,000,and

Question 100

Multiple Choice

A company had total sales of $600,000,net sales of $550,000,and an average accounts receivable of $95,000.Its accounts receivable turnover equals:

A) 6.1
B) 63.0
C) 54.8
D) 1.1
E) 6.3

Related Questions

Q95: On July 9,Mifflin Company receives a $8,500,90-day,8%

Q96: Under IFRS,the term provision:<br>A)Refers to expense.<br>B)Usually refers

Q97: Prepare general journal entries for the following

Q98: All of the following statements regarding valuation

Q101: The Links Company uses the percent of

Q102: Uniform Supply accepted a $4,800,90-day,10% note from

Q103: On December 31 of the current year,the

Q104: Which of the following is an accounting

Q105: The accounts receivable turnover is calculated by

Q160: Gemstone Products allows customers to use bank