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Accounts Receivable Turnover
09-01-2010, 06:21 AM
Post: #3
 
<blockquote id="quote"><font size="1" face="Verdana, Arial, Helvetica, san" id="quote">quote<hr height="1" noshade id="quote"><i>Originally posted by Information Consultant</i>
<br />What is the answer pls tell me
<hr height="1" noshade id="quote"></font id="quote"></blockquote id="quote">


both ansers r rong. d corect is as

net sales/(net rcvabls + nots recvables) = Rcvabl turnover in times

889700/(52900+492000) = 1.62 times

n if u want to turnover in days so u wil get by

365/in times OR (net rcvabls + nots rcvabls)/net sales x 365

365/1.62 = 223 days
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Messages In This Thread
Accounts Receivable Turnover - 4MySanity - 07-28-2010, 06:53 AM
[] - Information Consultant - 08-04-2010, 03:25 AM
[] - Mobi - 09-01-2010 06:21 AM
[] - blue sun - 09-17-2010, 10:45 PM
[] - Arabian - 10-01-2010, 07:34 PM
[] - Arabian - 10-01-2010, 07:36 PM

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