Net Sales Divided by Average Accounts Receivable Is Equal to The

question 86

Multiple Choice

Net sales divided by average accounts receivable is equal to the:

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

---

Definitions:

High Cost

Situations or items that require a significant amount of resources, such as money, time, or effort.

Organization Culture

The collection of values, beliefs, behaviors, and norms that characterize an organization and influence its members' actions.

Turbulent Environment

A business or organizational context characterized by rapid and unpredictable change that affects operations and planning.

Continuous Learning

The ongoing process of acquiring new knowledge, skills, and experiences, both formally and informally, throughout an individual's life or the life of an organization.