Texas Claim EDI Data Dictionary

The number of times we convert receivables into cash during the year is measured by: Capital Turnover. Asset Turnover. Accounts Receivable Turnover. Return on Assets. Answer = c: The Accounts Receivable Turnover ratio measures the number of times you turn receivables over into cash. It is calculated by dividing your credit sales by the average receivable balance for the period. For example, if ... ................
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