Dividing Accounts Receivable, Net by Net Sales and Multiplying the Result

question 70

Multiple Choice

Dividing Accounts Receivable, net by Net Sales and multiplying the result by 365 is the:

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

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