FIN 571 WEEK 2 Multiple Choice Question 61

FIN 571 WEEK 2 Multiple Choice Question 61
Efficiency ratio: If Viera, Inc., has an accounts receivable turnover of 3.9 times and net sales of $3,436,812, what is its level of receivables?

 
$881,234
 
$1,340,357
 
$81,234
 
$13,403,567

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