Efficiency ratio: If Randolph Corp. has accounts receivables of $654,803 and net sales of $1,932,349, what is its accounts receivable turnover?
A) 0.34 times
B) 1.78 times
C) 2.95 times
D) None of the above
Answer: C
Efficiency ratio: If Randolph Corp. has accounts receivables of $654,803 and net sales of $1,932,349, what is its accounts receivable turnover?
A) 0.34 times
B) 1.78 times
C) 2.95 times
D) None of the above
Answer: C
If the answers is incorrect or not given, you can answer the above question in the comment box. If the answers is incorrect or not given, you can answer the above question in the comment box.