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?
举一反三
- 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 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:
- 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
- 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.
- The matching principle means ( ). A: assets for a period are matched with liabilities. B: accounts receivable is matched with accounts payable. C: revenues for a period are matched with the expenses. D: continue operation.