In calculating a company's accounts receivable turnover ratio, which of the following sets of factors would be used?

Question

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The accounts receivable turnover ratio is calculated by dividing the net credit sales by the average accounts receivable. Therefore, the factors that need to be considered are the sales revenue and average accounts receivable. Option A is incorrect because net income is not used to calculate the ratio. Option B is incorrect because total assets are not directly related to the accounts receivable turnover ratio. Option C is incorrect because total accounts receivable is already included in the ratio calculation.

In Calculating a Company's Accounts Receivable Turnover Ratio, Which of the Following