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What is the formula for receivables turnover in times per annum? Select one: a. Net sales revenue/average receivables balance b. 365/net sales c. Net sales

What is the formula for receivables turnover in times per annum?

Select one:

a. Net sales revenue/average receivables balance

b. 365/net sales

c. Net sales revenue/total assets

d. Average receivables balance/net sales revenue

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