Kessler Cleaners has accounts receivable of $28,943, total assets of $387,600, cost of goods sold of $317,400, and a capital intensity ratio of .97. What is the accounts receivable turnover rate?
a. 12.63
b. 13.81
c. 12.42
d. 14.61
e. 10.97
Ans: b. 13.81
Business
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a. Net neutrality is supported by Google b. Net neutrality is the idea that all websites, content, and platforms should be treated equally for their broadband needs c. Net neutrality is the same as the "tiers of service" perspective d. Net neutrality is advocated by some of the telecom companies e. None of the above
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About what percent of the work force is likely to have a Social Security insured disability before reaching age 65?
A) 20 - 25% B) 40 - 50% C) 60 - 70% D) 80 - 90%
Business