The Accounts Receivable Turnover

question 31

Multiple Choice

The accounts receivable turnover

• A)is computed by dividing net credit sales for the accounting period by the cash realizable value of accounts receivable on the last day of the accounting period.
• B)can be used to compute the average collection period.
• C)is a method of evaluating the solvency of net accounts receivable.
• D)is only important to internal users of accounting information.

---

Definitions:

Igbo People

An ethnic group native to Nigeria, known for their rich culture, language, and history.

South-eastern Nigeria

A geographic and cultural region of Nigeria known for its diverse ethnicities, languages, and rich history, including the Igbo people as a significant ethnic group.

Dominant Culture

The cultural practices, values, and norms that are most influential within a particular society or social group.

Assimilates

Assimilates refers to the process of taking in information, ideas, or culture and fully understanding and incorporating them into one's way of thinking or being.