What is ratio of revenue to cash collected from customers

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Question 1: Ouyang Inc reports 2012 revenue of $20 billion. During 2012, its A/R rose by $0.8 billion, A/P increased by $1.3 billion, inventories decreased by $0.2 billion and unearned revenue increased by $0.6 billion. Its ratio of revenue to cash collected from customers of 2012 is closest to:

Group of answer choices

Option 1: 1.84

Option 2: 1.63

Option 3: 1.48

Option 4: 1.24

Option 5: 1.01

Reference no: EM132483713

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