Assume all sales are on credit. During 2025, Libertys days sales in receivables ratio was (amounts rounded)

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Assume all sales are on credit. During 2025, Liberty’s days’ sales in receivables ratio was (amounts rounded)

a. 34 days.

b. 30 days.

c. 32 days.

d. 28 days.

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Horngrens Financial And Managerial Accounting The Managerial Chapters

ISBN: 9781292412337

7th Global Edition

Authors: Tracie Miller Nobles, Brenda Mattison, Ella Mae Matsumura

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