abc-ltd-has-net-credit-sales-of-1200000-and-an-average-accounts-receivable-balan

Question

ABC Ltd has net credit sales of $1,200,000 and an average accounts receivable balance of $400,000. What is the accounts receivable turnover ratio?

Accepted Answer

3

Answer

4

Answer

6

Answer

5

ABC Ltd has net credit sales of \$1,200,000 and an average accounts receivable balance of \$400,000. What is the accounts receivable turnover ratio?