Accounts Receivable Turnover Is Calculated By

question 117

Multiple Choice

Accounts receivable turnover is calculated by:

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

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Definitions:

Everyday Racism

The routine, often unnoticed or normalized, forms of racism that pervade daily life and interactions in society.

Color-Blindness

An ideology that suggests racial differences do not matter and should not be taken into account, often criticized for ignoring systemic inequalities and racism.

Cosmopolitanism

An ideology that all human beings belong to a single community, based on a shared morality, regardless of geographic, political, or cultural boundaries.

Color-Blindness

An ideology that proposes the best way to end discrimination is by treating individuals as equally as possible, without regard to race, culture, or ethnicity, which critics argue ignores systemic inequalities.