To calculate the accounts receivable turnover, you divide (sales/CGS) by the (beginning/ending/average) accounts receivable.

A company has net sales of $2,475,000 and average accounts receivable, net of $450,000. What is its accounts receivable turnover for the period?Multiple Choice83.000.4510.0027.505.50

At the end of 2019, accounts receivable amounted to $173,000. At the beginning of the year it was $174,000. Net credit sales for the year amounted to $974,000 and net income was calculated to be $186,000.Determine the days sales outstanding ratio and the accounts receivable turnover ratio.Do not enter dollar signs or commas in the input boxes.Round your answer to 2 decimal places.Days Sales Outstanding = Answer days

The average collection period for receivables is computed by dividing 365 days byGroup of answer choicesnet credit salesaverage accounts receivableending accounts receivableaccounts receivable turnover ratio

How is accounts receivable typically calculated on a company's balance sheet?(5 Points)Total revenue - Bad debt expenseTotal credit sales + Allowance for doubtful accounts C2 . M-PESA Africa InternalBeginning accounts receivable + Credit sales - Cash collectionsEnding accounts receivable - Cash collections

A company has a collection period of 20 days, and an average gross accounts receivable of $100,000. What were their net sales?Select answer from the options below$3,650,000$2,000,000$1,825,000 $1,000,000