The accounts receivable growth to sales growth ratio = _________. A)((Accounts Receivable _t÷ Accounts Receivable _{t − 1}) - 1) ÷ ((Sales _t ÷ Sales _{t −1}) - 1) B)((Accounts Receivable_t÷ Accounts Receivable _{t − 1}) + 1) ÷ ((Sales _t ÷ Sales _{t − 1}) + 1) C)((Accounts Receivable _t÷ Accounts Receivable _{t + 1}) - 1) ÷ ((Sales _t ÷ Sales _{t + 1}) - 1) D)((Accounts Receivable _t ÷ Accounts Receivable _{t + 1}) + 1) ÷ ((Sales _t ÷ Sales _{t + 1}) + 1)

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The formula for accounts receivable growth to sales growth ratio is ((Accounts Receivable _t÷ Accounts Receivable _{t − 1}) - 1) ÷ ((Sales _t ÷ Sales _{t −1}) - 1). Option A is the only one that matches this formula. Options B, C, and D have different calculations.

The Accounts Receivable Growth to Sales Growth Ratio = _________