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Oksana_A [137]
2 years ago
5

Net sales for a company are $250,000. Average accounts receivable are $10,000. The accounts receivable turnover for this company

is
Business
1 answer:
Anna [14]2 years ago
5 0

The accounts receivable turnover for the company is 25

The Net sales for a company is $250,000

The average accounts receivable $10,000

The account receivable turnover can be calculated as follows

= Net sales/accounts receivable

= 250,000/10,000

= 25

Hence the accounts receivable turnover for the company is 25

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