The accounts receivable turnover is calculated as a. $\frac{\text { Gross sales }}{\text { Ending Accounts Receivable Balance }}$

b.$ \frac{\text{Gross sales }}{\text{Average Accounts Receivable Balance}}$

c.$\frac{\text{Net credit sales }}{\text{Average Accounts Receivable Balance }} $

d.$\frac{\text{Net credit sales}}{\text{Ending Accounts Receivable Balance}}$

Question

The accounts receivable turnover is calculated as a.  $\frac{\text { Gross sales }}{\text { Ending Accounts Receivable Balance }}$

b.$ \frac{\text{Gross sales }}{\text{Average Accounts Receivable Balance}}$

c.$\frac{\text{Net credit sales }}{\text{Average Accounts Receivable Balance }} $

d.$\frac{\text{Net credit sales}}{\text{Ending Accounts Receivable Balance}}$

Quizplus · Accepted Answer

The Answer of The accounts receivable turnover is calculated as a.  $\frac{\text { Gross sales }}{\text { Ending Accounts Receivable Balance }}$

b.$ \frac{\text{Gross sales }}{\text{Average Accounts Receivable Balance}}$

c.$\frac{\text{Net credit sales }}{\text{Average Accounts Receivable Balance }} $

d.$\frac{\text{Net credit sales}}{\text{Ending Accounts Receivable Balance}}$

The Accounts Receivable Turnover Is Calculated as A Gross sales Ending Accounts Receivable Balance \frac{\text { Gross sales }}{\text { Ending Accounts Receivable Balance }} Ending Accounts Receivable Balance Gross sales ​