A company has net sales of $1,531,800 and average accounts recelvable of $414,000. What is Its accounts receivable turnover for the period? Multiple Choice 0.27 6.40 22.10 75.80 3.70

Managerial Accounting: The Cornerstone of Business Decision-Making
7th Edition
ISBN:9781337115773
Author:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
Publisher:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
Chapter15: Financial Statement Analysis
Section: Chapter Questions
Problem 44E: Whalen Company had net sales of 125,500,250,000. Whalen had the following balances: Required: Note:...
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A company has net sales of $1,531,800 and average accounts recelvable of $414,000. What Is Its accounts receivable turnover for the perlod?
Multiple Choice
3:27
0.27
6.40
22.10
75.80
3.70
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Transcribed Image Text:A company has net sales of $1,531,800 and average accounts recelvable of $414,000. What Is Its accounts receivable turnover for the perlod? Multiple Choice 3:27 0.27 6.40 22.10 75.80 3.70 < Prev 8 of 10 Next >
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