Solved

The Accounts Receivable Turnover Ratio Equals

Question 158

Multiple Choice

The accounts receivable turnover ratio equals


A) profit margin divided by average accounts receivable at the end of the period.
B) gross margin divided by average accounts receivable at the end of the period.
C) sales revenue divided by ending accounts receivable at the end of the period.
D) sales revenue divided by average accounts receivable during the period.
E) gross margin divided by average accounts receivable during the period.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions