About the ISEE. Four levels: Primary - entrance to grades 2 - 4; available as an online administration only. Lower - entrance to grades 5 - 6; available in both online and paper/pencil administrations. Middle - entrance to grades 7 - 8; available in both online and paper/pencil administrations.
1 Maintain a $7,500 average ledger balance, OR. 2  $10,000 in combined balances (business checking, savings, CDs, and credit), OR. 3  10 or more posted business debit card purchases/payments from this checking account, OR.  Linked to a Direct Pay service through Wells Fargo Business OnlineÂ® Banking, OR.
These ratios are calculated as follows: Accounts Receivable Turnover = Credit Sales / Average Receivable Balance. Example: Annual credit sales were $ 400,000, beginning balance for accounts receivable was $ 55,000 and the yearend balance was $ 45,000. The turnover rate is 8, calculated as follows: Average receivable balance is $ 50,000 ($ 55,000 + $ 45,000) / 2. The turnover ratio is $ 400,000 / $ 50,000.