The Numerator Used to Calculate Accounts Receivable Turnover Is

question 158

Multiple Choice

The numerator used to calculate accounts receivable turnover is

• A) total sales
• B) net sales
• C) accounts receivable at year-end
• D) average accounts receivable

---

Definitions:

Restricting Competition

Practices or agreements that limit free competition in the marketplace, often scrutinized under antitrust or competition laws.

Void

A term describing a contract or legal agreement that is null, having no legal force or effect, and therefore unenforceable.

Significant Sums

Large amounts of money that are considerable in quantity or effect.

Enforceable

Capable of being imposed or executed as per legal guidelines or by authority.