How is the accounts receivable turnover ratio computed?
A)Sales ÷ Net accounts receivable
B)Net accounts receivable ÷ Sales
C)Cost of goods sold ÷ Inventory
D)365 days ÷ Net accounts receivable

Name: How is the accounts receivable turnover ratio computed? A)Sales ÷ Net accounts receivable B)Net accounts receivable ÷ Sales C)Cost of goods sold ÷ Inventory D)365 days ÷ Net accounts receivable
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Question

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Accounts receivable turnover ratio = Sales ÷ Net accounts receivable

How Is the Accounts Receivable Turnover Ratio Computed