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:

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Correct Answer:
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