Solved

What Is the Formula for Receivables (Debtors) Turnover in Times

Question 18

Multiple Choice

What is the formula for receivables (debtors) turnover in times per annum?


A) Net sales revenue/average receivables balance
B) Average receivables balance/net sales revenue
C) 365/net sales
D) Net sales revenue/total assets

Correct Answer:

verifed

Verified

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

Related Questions