To determine accounts receivable turnover,net sales is divided by
A)beginning net accounts receivable.
B)average gross receivables.
C)cost of goods sold.
D)365 days.

Name: To determine accounts receivable turnover,net sales is divided by A)beginning net accounts receivable. B)average gross receivables. C)cost of goods sold. D)365 days.
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Question

Quizplus · Accepted Answer

Accounts receivable turnover is calculated by dividing net sales by average gross receivables, which measures how efficiently a company collects its receivables.

To Determine Accounts Receivable Turnover,net Sales Is Divided by