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    Fundamental Accounting Principles Study Set 6
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    Exam 9: Accounting for Receivables
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    Pepperdine Reported Net Sales of $8,600 Million,net Income of $126
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Pepperdine Reported Net Sales of $8,600 Million,net Income of $126

Question 85

Question 85

Multiple Choice

Pepperdine reported net sales of $8,600 million,net income of $126 million and average accounts receivable of $890 million.Its accounts receivable turnover is:


A) 37.8.
B) 9.7.
C) 68.3.
D) 7.1.
E) 51.7.

Correct Answer:

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