Which Financial Indicator Is Calculated as the Ratio of Annual

question 3

Multiple Choice

Which financial indicator is calculated as the ratio of annual credit sales to accounts receivable?

• A) days of cash
• B) average collection period
• C) accounts receivable turnover
• D) inventory turnover
• E) net working capital turnover

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Definitions:

Unstructured Interviews

A qualitative research method involving open-ended, flexible conversations where the interviewer can adjust questions based on the respondent's answers.

Organizational Goals

The objectives or targets that an organization aims to achieve over a certain period.

Authoritarian

A leadership or government style characterized by strong central power and limited political freedoms.

Democratic

Pertaining to a form of government where power is vested in the hands of the people, either directly or through elected representatives.