One measurement of supply chain performance is Accounts Receivable Turnover (ART). This measures how quickly the company
Question:
One measurement of supply chain performance is Accounts Receivable Turnover (ART). This measures how quickly the company collects its money from sales. This is measured by Sales Revenue / Accounts Receivable. If Amazon's Accounts Receivables are $4,767,000 and Nordstroms Accounts Receivables are $2,129,000 and Amazon's Sales Revenues are $74,452,000 and Nordstrom's Sales Revenues are $12,148,000 what are their Accounts Receivable Turnovers (ART) and which company is doing a better job at managing their Accounts Receivables.
Question 32 options:
Amazon's ART = 15.62
Nordstrom's ART = 5.71
Amazon is doing a better job by collecting its money 3 times quicker than Nordstrom.
Amazon's ART = 0.06
Nordstrom's ART = 0.18
Amazon is doing a better job by collecting its money 3 times quicker than Nordstrom.
Amazon's ART = 0.06
Nordstrom's ART = 0.18
Nordstrom is doing a better job by collecting its money 3 times quicker than Nordstrom.
Amazon's ART = 15.62
Nordstrom's ART = 5.71
Nordstrom is doing a better job by collecting its money 3 times quicker than Amazon.