The rate at which _____ turn(s) over measures how quickly a firm collects cash.
A)accounts receivable
B)assets turnover
C)inventory
D)accounts payable
E)notes receivable

Question

Quizplus · Accepted Answer

The rate at which accounts receivable turn over measures how quickly a firm collects cash from its customers. Accounts receivable turnover is calculated as net sales divided by average accounts receivable.

The Rate at Which _____ Turn(s) Over Measures How Quickly