Dell had net sales of $8,739 million and average accounts receivable of $864 million. Its accounts receivable turnover was
A) 10.1
B) 9.9
C) 36.1
D) 9.1
E) 12.8

Name: Dell had net sales of $8,739 million and average accounts receivable of $864 million. Its accounts receivable turnover was A) 10.1 B) 9.9 C) 36.1 D) 9.1 E) 12.8
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Question

Quizplus · Accepted Answer

The accounts receivable turnover is calculated by dividing net sales by average accounts receivable. So, $8,739 million / $864 million = 10.1.

Dell Had Net Sales of $8,739 Million and Average Accounts