Answer:
3.6
Explanation:
The receivables turnover for the year is calculated as;
= Net sales(credit sales) ÷ Average accounts receivables
Average account receivables
= ($200,000 + $220,000) ÷ 2
= $210,000
Therefore, Receivables turnover
= $750,000 ÷ $210,000
= 3.6
some of their employees' pay in order to cover payroll taxes and (((income tax))).Money may also be deducted, or subtracted, from a paycheck to pay for retirement or health benefits.
An asset that you put money into with the hope that it will grow or appreciate into a larger sum of money. a person can also make financial investments in stocks and mutual funds, which can appreciate in value and pay dividends.
The reason everybody doesn't have what they want is that, i<span>f everybody could </span>have everything<span> they </span>want<span>, whenever they </span>want<span> it, then </span>we<span> wouldn't need economics. Or maybe politics or warfare, either. </span>We<span> could all just sit around playing on top of our endless mountain of toys. But the real world doesn't work quite like that. </span>We can't have<span> it all. </span>We have<span> to make choices. Hope I helped!</span>
