The Coca-Cola Company's receivables turnover ratio was 10.31 in 2004, and its average amount of net receivables
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The Coca-Cola Company's receivables turnover ratio was 10.31 in 2004, and its average amount of net receivables during the period was $2,131 million. What is the amount of its net credit sales for the period? What is the average collection period in days?
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Financial Accounting Tools For Business Decision Making
ISBN: 9780471730514
4th Edition
Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso
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