(a) If accounts receivable are 50,000 and sales are 250,000, what is the accounts receivable/sales ratio? (b)...

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(a) If accounts receivable are £50,000 and sales are £250,000, what is the accounts receivable/sales ratio?

(b) How many days does the average debtor take to pay?

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Frank Woods Business Accounting

ISBN: 9780273759287

12th Edition

Authors: Frank Wood. Sangster, Alan

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Question Posted: Jan 31, 2024 06:00 AM

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(a) If accounts receivable are 50,000 and sales are 250,000, what is the accounts receivable/sales ratio? (b)...

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a The accounts receivable AR to sales ratio is calculated by dividing the accounts receivable by the ...View the full answer

Frank Woods Business Accounting

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