What is the formula for accounts receivable turnover? a. Net credit sales / average accounts receivable b.
Question:
What is the formula for accounts receivable turnover?
a. Net credit sales / average accounts receivable
b. Total sales / average accounts receivable
c. Net credit sales / beginning accounts receivable
d. Net cash sales / ending accounts receivable
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 40% (10 reviews)
The formula for accounts receivable turnover is net credit sales average accounts receiv...View the full answer
Answered By
Santosh Reddy
I have been a tutor for over 10 years. I have experience working with students of all ages, from elementary school to college. I have also tutored students with different learning styles and abilities. I am familiar with a variety of subjects, including math, science, English, history, and Spanish. I am able to adapt my teaching style to meet the needs of each individual student. I am patient and supportive, and I strive to help my students succeed.
I believe that one of the most important aspects of tutoring is the ability to build a rapport with the student. I work to create a positive and supportive learning environment where the student feels comfortable asking questions and seeking help. I also believe that it is important to be flexible and accommodating to the student's needs. I am willing to adjust my schedule and meeting times to ensure that the student is able to get the help they need.
I am confident in my ability to help students improve their grades and succeed in their studies. I have a proven track record of success, and I am committed to helping my students reach their goals. If you are looking for a tutor who is experienced, knowledgeable, and supportive, then please contact me. I would be happy to discuss your needs and how I can help you achieve success.
0.00
0 Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Business questions
-
Let's look at Dick's Sporting Goods (Dick's) one last time. Think about Dick's and how everything you've learned comes together. Think about accountants reporting what Dick's has, where it got its...
-
The financial statements of Carver News, Inc., include the following items: Requirements 1. Using Exhibit 13-8 as a model, compute the following ratios for 2016 and 2015: a. Current ratio b. Quick...
-
The financial statements of Adventure News, Inc.,include the following items: Requirements 1. Using Exhibit 13-8 as a model, compute the following ratios for 2016 and 2015: a. Current ratio b. Quick...
-
M/s Active Builders Ltd. invested in the shares of another company (with an intention to hold the shares for short term period )on 31st October, 2016 at a cost of Rs.4,50,000. It also earlier...
-
Some baseball fans believe that the number of home runs a team hits is markedly affected by the altitude of the clubs home park. The rationale is that the air is thinner at the higher altitudes, and...
-
How are data read from a magnetic disk?
-
Independent random samples selected from two normal populations produced the sample means and standard deviations shown below. Sample 1 Sample 2 n1 = 10 n2 = 8 x1 = 18 x2 = 14 s1 =
-
The trial balance of the Trishia Company on December 31, 2007 (the end of its annual accounting period) included the following account balances before adjustments: Notes receivable .........$10,000...
-
Haunted Forest, Inc.is selling fog machines. Use the following information about Haunted Forest, Inc. to answer the following questions. Average selling price per unit $321. Variable cost per unit...
-
The trial balance for Eureka Ltd as at 30 June 2012 (before calculation of income tax) is as follows: Note: this is the first year of operation of Eureka Ltd. DR CR $000 $000 Sales Revenue 1235 Cost...
-
What does Zach DeGregorio cite as the most beneficial characteristics of using EPS in financial analysis? And the most problematic?
-
Big Box Store Inc. had days sales in inventory of 30, 32, and 34 for the last three years. Small Box Store Inc. had days sales in inventory of 40, 38, and 36 for the last three years. What can you...
-
SR 13.3 Why are objects particularly well suited for implementing abstract data types?
-
Find the expected value of buying the extended warranty. The expected value of buying the extended warranty is . A new flat - screen TV comes with a 1 - year warranty wh ich completely covers any...
-
An Olympic runner is coming to visit your school. You have been told that a world class race has two stages. In the first stage, the runner accelerates at a constant rate until he reaches maximum...
-
Question 3(15 marks) An investor holds 100,000 units of a bond whose features per bond are summarized in the following table. She wishes to be hedged against a rise in interest rates. Maturity Coupon...
-
12. In a professional cycling race, competitors (the "peloton") begin the race by riding 45.0 km north, then the road turns west by 37 for the next 50.0 km, before turning due west for the final 35.0...
-
Whateva Ltd uses a flexible budget and standard costs to aid planning and control of its machining manufacturing operations. The costing system for manufacturing has two direct cost categories...
-
Go to the IRS website at www.irs.gov and locate Publication 946: How to Depreciate Property. Locate the section on where amortization is reported. On what form is amortization reported? On which part...
-
For Problem estimate the change in y for the given change in x. y = f(x), f'(12) = 30, x increases from 12 to 12.2
-
The S&P 500 end-of-month closing prices from May 2012 through April 2014 follow: a. Compute the six-month moving averages associated with this series of data. b. Plot the results of your computations...
-
Georgetown Motorcars (GM) common stock currently is selling for $70, which is 20 times its EPS. The most recent dividend paid by GM was $2.59 per share. a. What is GMs current EPS? b. What is GMs...
-
Consider the following operating information gathered from three firms that are identical except for their capital structures: a. Compute the WACC for each firm. b. Compute the EVA for each firm. c....
-
How does budgeting household expenses differ from budgeting business expenses? What are the similarities?
-
This is a partial adjusted trial batance of Cullumber Compary manualys
-
Which of the following journal entries will record the payment of a $1,500 salaries payable originally incurred for Salaries Expense? Select one: A. Debit Salaries Expense; credit Salaries Payable B....
Study smarter with the SolutionInn App