The Accounts Receivable Turnover Is Computed by Dividing

question 43

Multiple Choice

The accounts receivable turnover is computed by dividing

• A) gross sales by ending net receivables.
• B) gross sales by average net receivables.
• C) net sales by ending net receivables.
• D) net sales by average net receivables.

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Definitions:

Criminal Injuries

Criminal injuries refer to physical or psychological harm suffered as a direct result of a criminal act.

Civil Injuries

Acts that cause harm or damage to another person in private matters, leading to civil litigation.

Respondeat Superior

A legal doctrine that holds employers legally responsible for the actions of their employees performed in the course of employment.

Strict Liability

A legal principle where a party is held responsible for damages or loss, regardless of fault or intent, based solely on their involvement in the activity.