Fess hardware store had net credit sales of $8,500,000 and cost of goods sold of $5,000,000 for the year. the accounts receivable balances at the beginning and end of the year were $600,000 and $760,000, respectively. what was the accounts receivable turnover?

Match each event to its effect on the equilibrium interest rate and the amount of investment in the loanable funds market. higher interest rate, greater investment higher interest rate, less investment lower interest rate, less investment lower interest rate, greater investment immediate consumer gratification is no longer preferred by people. an efficient new source of energy effectively increases the return on owning a factory. a wave of retirees stops working and begins drawing on retirement savings.