Accounts Receivable Turnover Is Calculated As

question 55

Multiple Choice

Accounts receivable turnover is calculated as:

• A)total net credit sales divided by average net accounts receivable.
• B)average net accounts receivable divided by 365 days.
• C)total cost of goods sold divided by 365 days.
• D)total net credit sales divided by cost of goods sold.

Determine inventory turnover.

Analyze total asset turnover and its impact on company performance.

Calculate and interpret price-earnings ratios.

Understand the calculation and significance of return on equity (ROE).

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