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H3Ko H3Ko
wrote...
Posts: 4891
7 years ago
The accounts receivable turnover ratio measures ________.
A) how many days it takes, on average, to sell the inventory
B) the number of times a company collects the average accounts receivable balance in a year
C) how many days it takes, on average, to collect receivables
D) a company's ability to pay its current liabilities with its current assets
Textbook 
Horngren's Financial & Managerial Accounting, The Financial Chapters

Horngren's Financial & Managerial Accounting, The Financial Chapters


Edition: 5th
Authors:
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.unplugged..unplugged.
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Posts: 1272
7 years ago
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H3Ko Author
wrote...
7 years ago
I just realized you had posted this! Thanks so much
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