Describe how to calculate the following ratios: (a) Return on owners equity (b) Accounts receivable turnover (c)

Question:

Describe how to calculate the following ratios:

(a) Return on owner’s equity

Accounts Receivable
Accounts receivables are debts owed to your company, usually from sales on credit. Accounts receivable is business asset, the sum of the money owed to you by customers who haven’t paid.The standard procedure in business-to-business sales is that...