Multiple Choice
The 2016 financial statements of BNSF Railway Company report total revenues of $19,829 million, accounts receivable of $1,272 million for 2016 and $1,198 million for 2015.
The company's accounts receivable turnover for the year is:
A) 17.0 times
B) 8.9 times
C) 16.1 times
D) 17.9 times
E) None of the above
Correct Answer:

Verified
Correct Answer:
Verified
Q18: When is the cost-to-cost method an appropriate
Q19: On its 2016 income statement, Abbott Laboratories
Q20: McKinnon Enterprises owns a professional ice hockey
Q21: Form 10-K of Costco Wholesale Corporation for
Q22: The 2016 income statements of Leggett &
Q24: On December 31, 2017, State Construction Inc.
Q25: The 2016 income statements of Leggett &
Q26: Thomas Company receives information that requires the
Q27: The asset side of the 2016 balance
Q28: Dick's Sporting Goods reported Accounts receivable, net