Small investors normally have a negotiated commission schedule while large investors benefit from a fixed-commission schedule

Wilson, Inc provides the following data

2017 2016 Cash $41,000 $25,000 Accounts Receivable, Net 128,000 62,000 Merchandise Inventory 71,000 50,000 Property, Plant, and Equipment, Net 195,000 120,000 Total Assets $435,000 $257,000 Net Credit Sales $280,000 Cost of Goods Sold (130,000 ) Gross Profit $150,000 Calculate accounts receivable turnover ratio form 2017. (Round your answer to two decimal places.) A) 5.60 times B) 3.40 times C) 2.95 times D) 2.19 times

When purchasing a business, the buyer should be sure that a certificate of clearance, or clearance receipt, has been issued by the:

A: Department of Business and Professions; B: Department of Business and Transportation; C: Board of Equalization; D: Escrow company.