Baker Ginger Ltd sells on credit terms of net 25. Its accounts are, on average, 9 days
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Baker Ginger Ltd sells on credit terms of net 25. Its accounts are, on average, 9 days past due. If annual credit sales are £8 million, what is the company’s balance sheet amount in accounts receivable?
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Related Book For 
Corporate Finance
ISBN: 9780077173630
3rd Edition
Authors: David Hillier, Stephen A. Ross, Randolph W. Westerfield, Bradford D. Jordan, Jeffrey F. Jaffe
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