Number of days or months / Trade receivables turnover ratio is used for calculating ___ Options: A . &nbsp Average collection period B . &nbsp Debtors velocity C . &nbsp Average payment period D . &nbsp None of these

Number of days or months / Trade receivables turnover ratio is used for calcul

Question -

Number of days or months / Trade receivables turnover ratio is used for calculating ___

Options:

A . Average collection period

B . Debtors velocity

C . Average payment period

D . None of these

Answer: Option A
:
A

Number of days or months / Trade receivables turnover ratio gives the average collection period

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