In 2011 the United States was in a recession. What would be the expected effect of a

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In 2011 the United States was in a recession. What would be the expected effect of a recession on accounts receivable turnover ratios?

Accounts Receivable
Accounts receivables are debts owed to your company, usually from sales on credit. Accounts receivable is business asset, the sum of the money owed to you by customers who haven’t paid.The standard procedure in business-to-business sales is that...
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Financial Accounting

ISBN: 978-0133052152

2nd edition

Authors: Robert Kemp, Jeffrey Waybright

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