The public duty doctrine was created in the Federal Tort Claims Act

The financial statements of the Bolton Manufacturing Company reports net sales of $500,000 and accounts receivable of $50,000 and $30,000 at the beginning of the year and end of year, respectively. What is the receivables turnover ratio for Bolton?

a. 7 times b. 10 times c. 16.7 times d. 12.5 times

Dividing the NMC by the investment in marketing and sales produces the marketing return on investment

Indicate whether the statement is true or false