Question

How calculate bank account turnover​

Answer 1

Answer:

The cash turnover ratio is an efficiency ratio that reveals the number of times that cash is turned over in an accounting period.

The cash turnover ratio is calculated as revenue divided by cash and cash equivalents.

The cash turnover ratio is ideal for companies that do not offer credit sales.

Answer 2

Answer:

1. The cash turnover ratio is an efficiency ratio that reveals the number of times that cash is turned over in an accounting period.

2. The cash turnover ratio is calculated as revenue divided by cash and cash equivalents.

3.The cash turnover ratio is ideal for companies that do not offer credit sales.