A company sold a total value of 540,000.00 in 2009 and had 30,000.00 in accounts receivable on 12/31/2009, what is the PMRV?

1. Identify the relevant figures for calculation: Accounts Receivable = \$30,000.00 and Total Sales = \$540,000.00.

2. Use the PMRV formula: \text{PMRV} = \left( \frac{\text{Accounts Receivable}}{\text{Total Sales}} \right) \times 100

3. Plug in the values: \text{PMRV} = \left( \frac{30,000}{540,000} \right) \times 100

4. Calculate the fraction: \frac{30,000}{540,000} = \frac{1}{18} = 0.0556

5. Multiply by 100 to convert to a percentage: 0.0556 \times 100 = 5.56\%

The PMRV is 5.56%.