titankai2000
New member
- Feb 19, 2009
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In the accounts receivable turnover ratio. It is:
Net Credit Sales Revenue / Average Receivables Balance
What is Net Credit Sales? Is it the same as sales? How do you calculate it? Also how do you calculate Average Receivables Balance.
Net Credit Sales Revenue / Average Receivables Balance
What is Net Credit Sales? Is it the same as sales? How do you calculate it? Also how do you calculate Average Receivables Balance.