Dividing Accounts Receivable, Net by Net Sales and Multiplying the Result

question 166

Multiple Choice

Dividing Accounts receivable, net by Net sales and multiplying the result by 365 is the:

• A) Accounts receivable turnover ratio.
• B) Profit margin.
• C) Days' sales uncollected.
• D) Average accounts receivable ratio.
• E) Current ratio.

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Definitions:

Nurture

The care, education, and environmental influences that contribute to the physical, emotional, and intellectual development of an individual.

Conservation

The cognitive ability to understand that certain properties of objects, such as volume or mass, remain the same despite changes in the object's form.

Accommodation

In cognitive psychology, the process by which individuals adjust their mental structures to incorporate new information.

Existing Concept

Refers to an idea or principle that has already been introduced or established in a certain field of study.