Use V-O keys to navigate.What is the purpose of the A/R turnover ratio? A. The A/R turnover ratio's purpose is to measure liquidity by comparing the proportion of A/R to current liabilities. B. The A/R turnover ratio's purpose is to calculate an approximation of the number of days that credit customers are taking to pay their accounts. C. The A/R turnover ratio's purpose is to indicate how long it takes from inventory purchase to ultimate collection of receivables from the sale. D. The A/R turnover ratio's purpose is to indicate, on average, how many times the receivables are collected during the year. Report an error