An alternative efficiency measure for collection of credit sales is accounts receivable turnover, calculated as credit sales
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An alternative efficiency measure for collection of credit sales is accounts receivable turnover, calculated as credit sales revenue divided by average accounts receivable. This calculation seems to be the reverse of the average settlement period calculation. Are they measuring the same thing? Explain.
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Related Book For 
Accounting For Business Students
ISBN: 9781488616570
1st Edition
Authors: Peter Atrill, Eddie Mclaney, David Harvey
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