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Showing posts with label credit sales. Show all posts
Showing posts with label credit sales. Show all posts
Sunday, July 4, 2021

Given an accounts receivable turnover of 8 and annual credit sales of $362,000, the average collection period (360-day year) is

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Given an accounts receivable turnover of 8 and annual credit sales of $362,000, the average collection period (360-day year) is A) 90 days. ...
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