The number of days' sales uncollected is calculated by:
A: Dividing accounts receivable by net sales.
B: Dividing accounts receivable by net sales and multiplying by 365.
C: Dividing net sales by accounts receivable.
D: Dividing net sales by accounts receivable and multiplying by 365.
E: Multiplying net sales by accounts receivable and dividing by 365.
A: Dividing accounts receivable by net sales.
B: Dividing accounts receivable by net sales and multiplying by 365.
C: Dividing net sales by accounts receivable.
D: Dividing net sales by accounts receivable and multiplying by 365.
E: Multiplying net sales by accounts receivable and dividing by 365.
举一反三
- 中国大学MOOC: A company has net sales of $900,000 and average accounts receivable of $300,000. What is its accounts receivable turnover for the period?
- The category "Other Receivables" on the balance sheet includes: A: Accounts Receivable, Interest Receivable. B: Notes Receivable, Accounts Receivable, Interest Receivable. C: Interest Receivable, Dividend Receivable, Advances to employees. D: none of the above.
- A company reports accounts receivable on the balance sheet at a net realizable value of $586,592. If their gross receivables were $612,854, then the balance in the allowance for uncollectible accounts is:
- The gross profit percentage is calculated as: A: cost of goods sold divided by net sales revenue. B: net sales revenue minus gross profit on sales. C: net sales revenue minus cost of goods sold. D: gross profit divided by net sales revenue.
- Among the following ratios, which is used for efficiency analysis? A: quick ratio B: accounts receivable turnover C: debt-to-equity ratio D: net profit ratio