Dell reported net sales of $8,739 million and average accounts receivable of $864 million.Its accounts receivable turnover is:
A)0.9
B)10.1
C)36.1
D)50.0
E)3,686.0

Name: Dell reported net sales of $8,739 million and average accounts receivable of $864 million.Its accounts receivable turnover is: A)0.9 B)10.1 C)36.1 D)50.0 E)3,686.0
Brand: Quizplus
Rating: 4.8 (29 reviews)

Question

Quizplus · Accepted Answer

Accounts receivable turnover is calculated by dividing net sales by average accounts receivable. So, $8,739 million / $864 million = 10.1.

Dell Reported Net Sales of $8,739 Million and Average Accounts