Attempts Force Completion This test can be saved and resumed at any point until time has expired. The timer will continue to run if you leave the best Your answers are saved automatically. utes, 20 seconds. Moving to another question will save this response. Question 17 of 36 Question 17 2.85714 points Save As You are a banker and you are analyzing financial statements for two companies that both distribute office supplies. One of the ratios you are looking at is accounts receivable turnover het credit sales average net accounts receivable). EBN, Inc. has an accounts receivable turnover of 9.1 and SRM, Inc. has an accounts receivable turnover of 7.5. Based on these ratios, you can state that: EBNis selling its inventory at a faster pace than SRM EBN has a greater bad debt expense than SRM EBN has a greater accounts receivable balance than SRM. The customers of Nare paying their balances owed to EN faster than the customers of SRM pay their balances to SM EBN has greater than a Moving to another question will save this response Question 17 of 36 MacBook Air I DI DO ye utes, 58 seconds. L> Moving to another question will save this response. Question 18 Harvard Inc.uses the periodic inventory system. Harvard has the following inventory information for 2019 Jan 1 June 13 Dec 14 Beginning Inventory Purchases Purchases 100 units at $240 per unit 150 units at $340 per unit 200 units at $370 per unit Harvard sold 175 units during 2019 and had 275 units remaining at December 31, 2019. What is the value of ending inventory at December 31, 2019 on a FIFO basis? 549,500 564,750 $149,000 $84.250 599,500 Moving to another question will save this response. MacBook Air FA