Answer:
Accounts Receivables Turnover Ratio = 
= 10 times.
Explanation:
Accounts Receivables Turnover ratio = 
Here Net Credit Sales = $6.5 million
Accounts Receivables Opening Balance = $600,000
Accounts Receivables Closing Balance = $700,000
Average Accounts Receivable Balance = 
Accounts Receivables Turnover Ratio = = 10 times.
This shows that accounts receivables are on an average 1/10th of credit sales.
Final Answer
Accounts Receivables Turnover Ratio = = 10 times.
Answer:
The Fair Labor Standards Act was established in 1938.
The zero-based budget is the the most effective type of budget because its keeps the firm aware of how much money is flowing in and out.
<h3>What is a zero-based budget?</h3>
A zero-based budget means a method of budgeting where all the expenses must be explained for each new period.
The zero-based budget is very important because its process ensure that that is a justification for all operating expenses and areas that company are generating revenue.
In conclusion, the zero-based budget is the the most effective type of budget because its keeps the firm aware of how much money is flowing in and out.
Read more about zero-based budget
<em>brainly.com/question/24950624</em>
That answer is false, because you also need two years of schooling or teaching. Plze mark me brainiest
