The Accounts Receivable Turnover Ratio Is Computed by Dividing

question 100

Multiple Choice

The accounts receivable turnover ratio is computed by dividing

• A) total sales by average net accounts receivable.
• B) net credit sales by average net accounts receivable.
• C) total sales by ending net accounts receivable.
• D) net credit sales by ending net accounts receivable.

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Definitions:

Arousal

A state of heightened physiological and psychological activity.

Narcissistic Personality Disorder

A mental disorder characterized by a long-term pattern of exaggerated self-importance, the need for admiration, and a lack of empathy for others.

Self-Importance

The exaggerated estimation of one's own significance or importance.

Preoccupied

Engrossed in thought or absorbed by a specific subject or concern, often to the extent of being unaware of one's surroundings.