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Lemur [1.5K]
3 years ago
13

The accounts receivable turnover is computed by dividing gross sales by ending net receivables. gross sales by average net recei

vables. net sales by ending net receivables. net sales by average net receivables.
Business
1 answer:
kolbaska11 [484]3 years ago
8 0

Answer:

The accounts receivable turnover is computed by dividing <u>net sales by average net receivables.</u>

Explanation:

The accounts receivable turnover is used to quantify a company's effectiveness in collecting its receivables from its clients.

Accounts Receivable Turnover =  Net Credit Sales  / Average Accounts Receivable

A high receivables turnover ratio can indicate that a company’s collection of accounts receivable is efficient and a low receivables turnover ratio might be due to a company having a poor collection process.

​

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As the manager of Margarita Mexican​ Restaurant, you must deal with a variety of business transactions. Provide an explanation f
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Answer:

A. Debit Equipment and credit Cash.

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3 years ago
Southland farm sold ten september futures contracts on wheat. Southland farm will:______.
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<h3>What is the payment?</h3>

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In conclusion, Wheat futures contracts were sold by Southland Farm for 10 contracts in September. September will be a busy month for the Southland farm, with both payments and deliveries.

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