Question
A firm has $358,000 in credit sales and $140,000 in accounts receivable. Compute the average number of collection days. how does the numbers relate to
- A firm has $358,000 in credit sales and $140,000 in accounts receivable. Compute the average number of collection days. how does the numbers relate to the terms of 2/10 net/30?
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Entrepreneurial Finance
Authors: Philip J. Adelman; Alan M. Marks
6th edition
9780133099096, 133140512, 133099091, 978-0133140514
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