Select from the Following List the Letter of the Ratio $\frac{\text { Average net accounts receivable}}{\text { One day's sales}}$

question 141

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.
$\frac{\text { Average net accounts receivable}}{\text { One day's sales}}$

• 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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Definitions:

Employee Association

An organization that represents the collective interests of employees, often in negotiations with the employer.

Certified Union

A labor union that has been officially recognized and approved to represent workers in bargaining and legal matters.

Wage Negotiations

The process where employees and employers discuss and agree upon the terms of payment for work done.

Decertify

The process of revoking or nullifying the certification of an entity, often used in the context of labor unions.