The Accounts Receivable Turnover Is Calculated By

question 135

Multiple Choice

The accounts receivable turnover is calculated by:

• A) Dividing net sales by average accounts receivable.
• B) Dividing net sales by average accounts receivable and multiplying by 365.
• C) Dividing average accounts receivable by net sales.
• D) Dividing average accounts receivable by net sales and multiplying by 365.
• E) Dividing net income by average accounts receivable.

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Definitions:

Ancillary Services

Additional services provided that complement or support the primary products or services offered by a business.

SKU

Stands for Stock Keeping Unit, a unique identifier for each distinct product and service that can be purchased.

Industrial Service

Services offered by businesses to other businesses within the industrial sector, including maintenance, repair, and consulting services.

Ancillary Service

Additional services or support provided beyond the primary product or service offering to enhance customer satisfaction.