A firm has sales of 1 million, net income of $205,000, total
current assets of $315,000 and accounts receivable of $220,000. The firms
account receivable turnover is?
The financial ratio accounts receivable turnover is a company's annual sales divided by the company's average balance in its Accounts Receivable account during the same period of time.
Content will be erased after question is completed.
Enter the email address associated with your account, and we will email you a link to reset your password.
Forgot your password?