Given:Avarege trade receivables of afirm is40.000,average finished goodsis 50.000, cost of goods sold is 200000 and net sales is 250.000. Whatis trade receivables turnover?
a. 250.000/40.000
b. 40.000/ 200.000
c. 40.000/250.000
d. 200.000/ 40.000
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5. Activity Ratios are used in the assessment ofa) The financial risk of the companyb) the profitability of the assetsc) the short term debt repayment capacity of the firm
d)the efficiency of the asset or the source analyzed
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