Respuesta :
Answer:
d.
Explanation:
Financial Statements depicts the financial position of a firm at a particular point of time or specified date. The users of financial statements use various types of analysis to understand or compare the current financial statements of the company to prior years or with those of the competitors.
‘Ratio Analysis’ is used to analyze the performance of a company. It is used to analyze the liquidity, profitability, solvency and operational efficiency of the company.
Accounts receivable turnover is the ratio of net credit sales to average accounts receivable. It can be calculated as:
Average accounts receivable = [tex]\frac{Beginning accounts receivable + Ending accounts receivable}{2}[/tex]
Accounts turnover ratio = [tex]\frac{Net credit sales}{Average accounts receivable}[/tex]
No. of days of sales in receivables can be derived using the below mentioned formula:
No. of days of sales in receivables = [tex]\frac{Number of days in a year}{Accounts turnover ratio}[/tex]
Answer:
Answer: D: adjusted balance
Explanation:
Dont Ask I just know :)
