Protection Co.had net sales of $10,500 million.Its average account receivables were $1,750 million.Its accounts receivable turnover was 6.

Name: Protection Co.had net sales of $10,500 million.Its average account receivables were $1,750 million.Its accounts receivable turnover was 6.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Accounts Receivable Turnover = Net Sales / Average Accounts Receivable. 
Substituting the given values, we get:
6 = 10,500 / 1,750 
Therefore, the given statement is true.