If Cajun Corp. has an accounts receivable turnover of 4.6 times and net sales of...

60.1K

Verified Solution

Question

Finance

image
If Cajun Corp. has an accounts receivable turnover of 4.6 times and net sales of $7,812,379, what would its accounts receivables be? (Round your answer to the nearest dollar) $1,698,343 $369,380 $1,662,208 $1,736,084 None of the provided answers is correct

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students