Accountıng I Deneme Sınavı Sorusu #1275488
Which of the following shows the calculation of accounts receivable turnover ratio?
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Net credit sales is multiplied by net accounts receivable. |
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Net credit sales is divided by net accounts receivable. |
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Net credit sales minus net accounts receivable. |
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Net credit sales is added to net accounts receivable. |
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Net credit sales is divided by 365 days. |
Yanıt Açıklaması:
Accounts Receivable Turnover Ratio measures the liquidity of accounts receivable and is calculated as net credit sales divided by net accounts receivable. The correct answer is B.
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