Asked by Barbara Little on Jun 16, 2024
Verified
The accounts receivable turnover is calculated by dividing ________ by ________.
Accounts Receivable Turnover
Accounts Receivable Turnover is a financial ratio that measures how many times a company can turn its accounts receivable into cash during a period, indicating the efficiency of collecting debts.
- Understand the significance and calculation of accounts receivable turnover.
Verified Answer
JS
Jessica SilvaJun 19, 2024
Final Answer :
net sales; average accounts receivable
(answers need to appear in this order)
(answers need to appear in this order)
Learning Objectives
- Understand the significance and calculation of accounts receivable turnover.