Which of the Following Is the Formula to Compute Accounts

question 110

Multiple Choice

Which of the following is the formula to compute accounts receivable turnover?

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

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Definitions:

Personal Values

Core beliefs or standards that individuals hold, guiding their behavior and decisions.

Cognitive Dissonance

The mental discomfort experienced by an individual who holds two or more contradictory beliefs, values, or ideas simultaneously.

Value Patterns

The unique set of beliefs and values that guide an individual's actions and decision-making processes.

Values

Core beliefs or principles that guide an individual's actions and judgments, reflecting what is important to them.