Accounts Receivable turnover is calculated by dividing:
A. Net credit Sales by Average Accounts Receivable
B. Average Accounts Receivable by Net Sales
C. Average Accounts Receivable by Allowance for Doubtful Accounts
D. None of these
Answer:A
Accounts Receivable turnover is calculated by dividing:
A. Net credit Sales by Average Accounts Receivable B. Average Accounts Receivable by Net Sales C. Average Accounts Receivable by Allowance for Doubtful Accounts D. None of these