Accounts receivable turnover for the period
A company has net sales of $410,000 and average accounts receivable of $82,000. What is its accounts receivable turnover for the period?
a. 0.2
b. 5.0
c. 20.0
d. 73.0
e. 1.825
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The stock warrants will expire on December 31, 2008. Select the total value that Chase Corp should use to record the detachable warrants issued on March 1, 2006.
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