Multiple Choice
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
A) 0.33 times.
B) 0.20 times.
C) 1.50 times.
D) 5.00 times.
E) 1.25 times.
Correct Answer:
Verified
Correct Answer:
Verified
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