Knowledge Check 01 Which of the following statements about the receivables turnover ratio is...
50.1K
Verified Solution
Question
Accounting
Knowledge Check Which of the following statements about the receivables turnover ratio is true? A higher receivables turnover ratio means faster better turnover. The receivables turnover ratio is calculated by dividing net sales revenue by average receivables. The receivables turnover ratio is calculated by dividing by the number of days to collect receivables. The receivables turnover ratio measures the average number of days from sale on account to collection.
Knowledge Check
Which of the following statements about the receivables turnover ratio is true?
A higher receivables turnover ratio means faster better turnover.
The receivables turnover ratio is calculated by dividing net sales revenue by average receivables.
The receivables turnover ratio is calculated by dividing by the number of days to collect receivables.
The receivables turnover ratio measures the average number of days from sale on account to collection.
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
- Unlimited Question Access with detailed Answers
- Zin AI - 3 Million Words
- 10 Dall-E 3 Images
- 20 Plot Generations
- Conversation with Dialogue Memory
- No Ads, Ever!
- Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Other questions asked by students
StudyZin's Question Purchase
1 Answer
$0.99
(Save $1 )
One time Pay
- No Ads
- Answer to 1 Question
- Get free Zin AI - 50 Thousand Words per Month
Best
Unlimited
$4.99*
(Save $5 )
Billed Monthly
- No Ads
- Answers to Unlimited Questions
- Get free Zin AI - 3 Million Words per Month
*First month only
Free
$0
- Get this answer for free!
- Sign up now to unlock the answer instantly
You can see the logs in the Dashboard.