Question
A firm with a cash cycle of 7 days, payable days of 37 and inventory days of 40, will have ________ a. Fixed Asset Turnover
A firm with a cash cycle of 7 days, payable days of 37 and inventory days of 40, will have ________
a. Fixed Asset Turnover of 2.5
b. A/R Turnover of 91
c. A/R Days of 3
d. A/R Turnover of 4
Please show how you got your calculations.
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Computerized Accounting With Quickbooks 2018
Authors: James B. Rosa, Kathleen Villani
1st Edition
0763882674, 9780763882679
