Net sales divided by average accounts receivable, net is the:
A) Days' sales uncollected.
B) Average accounts receivable ratio.
C) Current ratio.
D) Profit margin.
E) Accounts receivable turnover ratio.

Name: Net sales divided by average accounts receivable, net is the: A) Days' sales uncollected. B) Average accounts receivable ratio. C) Current ratio. D) Profit margin. E) Accounts receivable turnover ratio.
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Question

Quizplus · Accepted Answer

The formula given is the accounts receivable turnover ratio.

Net Sales Divided by Average Accounts Receivable, Net Is The