Answer:
the accounts receivable turnover for the Tyler Company is 10
Step-by-step explanation:
The company report :
net sales = $300,000
account receivable = $50,000 and $10,000
to find the accounts receivable turnover, use the following formula:
accounts receivable turnover = net sales : average account receivable
First, we need to calculate the average account receivable of the company
average accounts receivable = ($50,000+$10,000) : 2
= $60,000 : 2
= $30,000
Then, substitute net sales into the formula
accounts receivable turnover = $300,000 : $30,000
= 10
What you're seeing here is 12 being multiplied by its reciprocal. 12 * 1/12 = 1. This is an example of a multiplicative inverse; a multiplicative inverse is when you multiply a number by its reciprocal (1 over the number).
There are two different ways you can do this, I have provided both below.
Answer: You can switch all the x and y coordinate values.
For example, if you have (2, 1) you would graph (1, 2).
Another example, if you have (677, 83) you would graph (83, 677)
Answer: Flip the graph over the line of y = x
I have attached an example from<em> lumenlearning.com</em>.
