Question
Aguilera Corp. has a current accounts receivable balance of $328,800. Credit sales for the year just ended were $4,192,200. What is the company's receivables turnover?
Aguilera Corp. has a current accounts receivable balance of $328,800. Credit sales for the year just ended were $4,192,200. What is the company's receivables turnover? What is the company's days' sales in receivables? How long did it take on average for credit customers to pay off their accounts during the past year?
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Climate Finance Theory And Practice
Authors: Anil Markandya, Ibon Galarraga, Dirk Rübbelke
1st Edition
9814641804, 978-9814641807
