The accounts receivable turnover is found by dividing the year's ____________ by the average accounts receivable for the year.

Question 5 options:

Cost of Goods Sold

Net Sales

Cash

Merchandise

Question 6

The profit that the sale of one unit contributes toward recovering fixed costs and profit is the ______________.

Question 6 options:

Contribution Margin Per Unit

Gross Margin Raio per Unit

Net Working Capital per Unit

Gross Profit per Unit