Select from the Following List the Letter of the Ratio $\frac{\text {Net credit sales }}{\text { Average net accounts receivable}}$

question 121

Multiple Choice

Select from the following list the letter of the ratio title for the formula provided in the question.
-Select the letter of the ratio title that corresponds to the following formula.
$\frac{\text {Net credit sales }}{\text { Average net accounts receivable}}$

• A)Current ratio
• B)Acid-test (quick) ratio
• C)Inventory turnover
• D)Accounts receivable turnover
• E)Day's sales in average accounts receivable
• F)Debt ratio
• G)Times-interest-earned ratio
• H)Rate of return on net sales (profit margin)
• I)Rate of return on total assets
• J)Rate of return on common shareholders' equity
• K)Earnings per common share
• L)Price/earnings ratio
• M)Dividend yield
• N)Book value per common share

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