Perpetual inventory controlling accounts and subsidiary ledgers are maintained for materials, work in process, and finished goods in job order costing systems.

That a favorable court decision will be likely to remedy an injury is an element of standing.

Powers Company reported net sales of $1,200,000,average Accounts Receivable,net of $78,500,and net income of $51,025.The accounts receivable turnover ratio is:

A) 0.65 times.
B) 14.3 times.
C) 28.6 times.
D) 15.3 times.
E) 16.3 times.