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:

Carroll Izard

An American psychologist known for his contributions to the understanding of emotions, including the development of the Differential Emotions Theory.

Basic Emotions

Fundamental emotions that are universally experienced by humans, such as joy, sadness, fear, disgust, surprise, and anger.

Lust

Lust is an intense desire or craving, often used to describe a strong sexual attraction towards someone.

Greed

An excessive desire for more of something than is needed, often related to wealth, power, or food.