The Receivables Turnover Ratio

question 50

Multiple Choice

The receivables turnover ratio:

• A)is calculated as the average number of days from the time a sale is made on account to the time cash is collected.
• B)is calculated as the average number of days from the time a sale is made on account to the time payment is due.
• C)measures how many times a year receivables go uncollected.
• D)measures how many times,on average,the process of selling and collecting is repeated during the period.

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