Answered: Blue Peak Solutions has net sales of…

Blue Peak Solutions has net sales of $890,000 and average accounts receivable of $35,600. What is its accounts receivable turnover? a. 19 b. 25 c. 28 d. 30

Managerial Accounting: The Cornerstone of Business Decision-Making

7th Edition

ISBN:9781337115773

Author:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger

Publisher:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger

Chapter15: Financial Statement Analysis

Section: Chapter Questions

Problem 14BEA: Last year, Nikkola Company had net sales of 2.299.500,000 and cost of goods sold of 1,755,000,000....

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Question

Hi experts please answer the financial accounting question

Blue Peak Solutions has net sales of $890,000 and average accounts
receivable of $35,600. What is its accounts receivable turnover?
a. 19
b. 25
c. 28
d. 30

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