Chapter 17, Problem 6TF

The financial statements of the Patterson Industries reported net sales of $875,000 and accounts receivable of $95,000 and $65,000 at the beginning of the year and end of the year, respectively. What is the receivables turnover ratio for Patterson? Need help

A firm has net working capital of $1,450, net fixed assets of $5,220, sales of $12,750, and current liabilities of $1,880. How many dollars worth of sales are generated from every $1 in total assets? a. $2.92 b. $1.49 c. $2.36 d. $1.50 e. $1.37

I need help with question is correct answer and accounting