Which company has the higher receivables turnover ratio? Company A Company B Average Net Accounts Receivable $2,000 $5,000 Average Inventory $4,000 $20,000 Net Sales $40,000 $100,000 Multiple choice question. Company A's is greater Both are the same Company B is greater

Answer rating: 100% (QA)

To calculate the receivables turnover ratio and determine which compa... View the full answer