Accounts Receivable Turnover Is Calculated By

question 4

Multiple Choice

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:

Nonrestrictive

Refers to clauses or modifiers in grammar that provide additional information without limiting or defining the main clause.

Restrictive Clause

A restrictive clause is a clause that serves to explicitly define or limit the meaning of the noun it modifies and is essential to the meaning of a sentence.

Comma

A punctuation mark used to indicate a pause between parts of a sentence or to separate items in a list.

Waiters

Individuals who serve food and drinks to customers in dining establishments.