Asked by
Katherine Gonzalez
on Oct 09, 2024Verified
All other things the same, purchasing merchandise inventory would have no effect on the accounts receivable turnover ratio at a retailer.
Accounts Receivable Turnover
A financial ratio that measures how efficiently a company collects revenue from its credit sales by comparing net credit sales with the average accounts receivable.
- Acquire knowledge on how sales and receivables management are related.
Verified Answer
AK
Learning Objectives
- Acquire knowledge on how sales and receivables management are related.
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