MATHEMATICS Final: accounts receivable turnover and days sales in receivable

Which of the following formulas shows how to calculate Exposure?

A. Accounts Payable / Total Sales

B. Total Sales / Accounts Receivable

C. A specific customer's debt / Total Accounts Receivable

D. Total Sales / Accounts Payable

A(n) __________ organizes your customers in a more specific way to tell exactly how much each one owes your business.

A. Subsidiary Accounts Payable Ledger

B. Accounts Payable General Ledger

C. Subsidiary Accounts Receivable Ledger

D. Accounts Receivable General Ledger