(a) If accounts receivable are 50,000 and sales are 250,000, what is the accounts receivable/sales ratio? (b)...
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(a) If accounts receivable are £50,000 and sales are £250,000, what is the accounts receivable/sales ratio?
(b) How many days does the average debtor take to pay?
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a The accounts receivable AR to sales ratio is calculated by dividing the accounts receivable by the ...View the full answer
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Related Book For
Frank Woods Business Accounting
ISBN: 9780273759287
12th Edition
Authors: Frank Wood. Sangster, Alan
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