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

---

Definitions:

Ova

The female reproductive cells or eggs in animals and plants, capable of developing into a new organism upon fertilization.

Native Language

The first language a person learns at home in childhood which shapes their social and cultural identity.

Vowel and Consonant Sounds

Fundamental speech sounds, with vowels being produced without any significant constriction of airflow and consonants involving some degree of airflow obstruction.

Months

Units of time in calendars that approximately correspond to the period of the lunar cycle.