The accounts receivable turnover is needed to calculate
A)the average collection period in days.
B)market risk.
C)return on assets.
D)current ratio.

Name: The accounts receivable turnover is needed to calculate A)the average collection period in days. B)market risk. C)return on assets. D)current ratio.
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Question

Quizplus · Accepted Answer

The accounts receivable turnover is used to calculate the average collection period in days, which measures how quickly a company collects cash from its credit sales.

The Accounts Receivable Turnover Is Needed to Calculate