Which of the Following Is a Recommended Method Used to Figure

question 8

Multiple Choice

Which of the following is a recommended method used to figure the accounts receivable ratio?

• A)Divide the current accounts receivable balance by the average monthly accounts payable. 
• B)Divide the current accounts receivable balance by the average monthly gross charges. 
• C)Divide the current accounts receivable balance by the average weekly charges. 
• D)Divide the current accounts receivable balance by the average daily gross charges.

---

Definitions:

"Performance with Purpose"

A business philosophy aimed at achieving financial success while also making a positive impact on society and the environment.

Indra Nooyi

A business executive known for her leadership as the former CEO of PepsiCo, recognized for her strategic initiatives and focus on growth and innovation.

PepsiCo

An American multinational food, snack, and beverage corporation, known for products like Pepsi, Lay's, and Gatorade.

Ethics

Moral principles that govern a person's behavior or the conducting of an activity, often considering what is good or right.