Question: Question 5 When determining the average collection period, how is accounts receivable turnover calculated? Select an answer: Net Sales * Average Accounts Receivable Average Accounts

Question 5

When determining the average collection period, how is accounts receivable turnover calculated?

Select an answer:

  • Net Sales * Average Accounts Receivable

  • Average Accounts Receivable / Net Sales

  • Average Accounts Receivable * Inventory Turnover

  • Net Sales / Average Accounts Receivable

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