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A firm sells $ 3 0 0 million worth of goods per year, and the average balance in accounts receivable is $ 7 5 million.
A firm sells $ million worth of goods per year, and the average balance in accounts receivable is $ million. Accounts receivable is when the firm sells an item, but hasn't collect the payment yet How long does it take for the firm to collect an accounts receivable dollar, on average?
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Advanced Accounting
Authors: Gail Fayerman
1st Canadian Edition
9781118774113, 1118774116, 111803791X, 978-1118037911
