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The accounts receivable turnover is computed as __________ divided by __________. sales; accounts receivable sales; average accounts receivable sales; net income accounts receivable; net income

Respuesta :

Answer:

The answer is B. sales; average accounts receivable

Explanation:

Accounts Receivable turnover ratio tells the number of times it takes a business to recover the money he lent its customers inform of selling on credit. An accounts receivable turnover of 17 means the business is using 17 days on average to collect its receivables from customers.

The formula is:

Sales/average accounts receivable.