The account receivable turnover measures:
A. How often, on average, receivables are received and collected during the period.
B. How long it takes to sell accounts receivable to a factor.
C. The relation of cash sales to credit sales.
D. How long it takes to sell merchandise inventory.
E. All of the options are correct.
Answer: A
You might also like to view...
Compare and contrast the build-up method and CAPM in determining the cost of equity.
What will be an ideal response?
The level scheduling strategy allows lower inventories than the pure chase strategy
Indicate whether the statement is true or false
If one changes the contribution rates in the objective function of an LP,
A) the feasible region will change. B) the slope of the isoprofit or isocost line will change. C) the optimal solution to the LP is sure to no longer be optimal. D) All of the above E) None of the above
Subsequent indorsers are always bound by an indorsement in trust
Indicate whether the statement is true or false