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    Survey of Accounting Study Set 7
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    Exam 6: Receivables and Inventories
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    If Net Sales Is $550,000, Beginning Inventory Is $110,000, and Ending
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If Net Sales Is $550,000, Beginning Inventory Is $110,000, and Ending

Question 94

Question 94

Multiple Choice

If net sales is $550,000, beginning inventory is $110,000, and ending inventory is $125,000, how much would be the accounts receivables turnover?


A) 4.4
B) 5.0
C) 4.7
D) 4.0

Correct Answer:

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