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  3. Study Set
    Managerial Accounting
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    Exam 15: Financial Statement Analysis
  5. Question
    If the Accounts Receivable Turnover Is 42 Days, What Is
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If the Accounts Receivable Turnover Is 42 Days, What Is

Question 5

Question 5

Multiple Choice

If the accounts receivable turnover is 42 days, what is the account receivable turnover ratio (assuming a 365 day year) ?


A) 7.14 times
B) 8.69 times
C) 4.52 times
D) None of these

Correct Answer:

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