Senath Company’s annual report reveals net credit sales of $240,000 and average accounts receivable of $20,000. The report also shows an average inventory balance of $10,000 and cost of goods of $200,000. Based on this information, the accounts receivable turnover is .a. the average number of days to collect receivables is 12.b. the average number of days to collect receivables is 31.c. the accounts receivable turnover is 20.d. the accounts receivable turnover is 19.

Option B - The average number of days to collect receivables is 31

Explanation:

Accounts receivable turnover = net credit sales / average accounts receivable

                                                  =240000/20000

                                                  = 12

Average number of days to collect receivable = 365/12

                                                                               =31

answer; the correct answer is (0.08);

the first successful, urban blues recording, selling more than 75,000 copies, was made in year 1920.

mamie smith recorded the first commercially successful example of the urban blues,   with the recording of “crazy blues”."crazy blues" was recorded on august 10, 1920, in new york city. within a month of the release of “crazy blues” it had sold 75,000 copies.