The Accounts Receivable Turnover Is Calculated By

question 135

Multiple Choice

The accounts receivable turnover is calculated by:

• A) Dividing net sales by average accounts receivable.
• B) Dividing net sales by average accounts receivable and multiplying by 365.
• C) Dividing average accounts receivable by net sales.
• D) Dividing average accounts receivable by net sales and multiplying by 365.
• E) Dividing net income by average accounts receivable.

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Definitions:

Labour Market Shelter

Employment sectors or positions that are somewhat protected from the usual pressures and instabilities of the broader labor market, often due to unionization or government policies.

Canadian Medical Association

A national, voluntary association of physicians that advocates on behalf of its members and the public for access to high-quality health care, and provides leadership and guidance to physicians.

Multinational Corporation

A large company that operates and provides goods or services in multiple countries beyond its original country of establishment, often exercising significant economic and political influence globally.

Branch Plant

A factory or office operated in a country by a foreign company, often perceived as a subordinate extension of its parent company.