Accounts Receivable Turnover: It refers to the ratio between net sales and average accounts receivable which determines the amount of net sales in multiple of average accounts receivable to ensure the quality of recovery and liquidity of accounts receivable. Account receivable turnover from the given data for net sales and accounts receivables for year 2016 and 2017.

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Chapter 7, Problem 16E

To determine

Accounts Receivable Turnover:

It refers to the ratio between net sales and average accounts receivable which determines the amount of net sales in multiple of average accounts receivable to ensure the quality of recovery and liquidity of accounts receivable.

Account receivable turnover from the given data for net sales and accounts receivables for year 2016 and 2017.

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