The Formula to Compute Accounts Receivable Turnover Is

question 43

Multiple Choice

The formula to compute accounts receivable turnover is

• A)net credit sales/average net accounts receivable.
• B)net credit sales/average inventory.
• C)cost of goods sold/average inventory.
• D)average net accounts receivable/one day's sales.

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Definitions:

Users Involvement

The engagement of end-users in the development, testing, and implementation process of a software or system to ensure it meets their needs and expectations.

SDLC

Software Development Life Cycle; a process for planning, creating, testing, and deploying an information system.

System Developers

Professionals who create and maintain computer systems by writing, updating, and testing software to meet specific requirements.

Operation Stage

A phase in the lifecycle of a process or project where the planned activities are being executed and managed towards achieving the desired outcome.