a-company-reports-net-credit-sales-of-1000000-and-an-average-accounts-receivable

Question

A company reports net credit sales of $1,000,000 and an average accounts receivable balance of $250,000. What is the accounts receivable turnover ratio?

Accepted Answer

4

Answer

6

Answer

3

Answer

5

A company reports net credit sales of \$1,000,000 and an average accounts receivable balance of \$250,000. What is the accounts receivable turnover ratio?