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Average Accounts 36.25 = 365/ Receivable Collection Period in I Days Asset 1.69 Turnover 39,117/((4,272+3,498)/2) = 39,117/ ((23,717+22,536)/2)
Average Accounts 36.25 = 365/ Receivable Collection Period in I Days Asset 1.69 Turnover 39,117/((4,272+3,498)/2) = 39,117/ ((23,717+22,536)/2)
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Managerial Accounting for Managers
Authors: Eric Noreen, Peter Brewer, Ray Garrison
2nd edition
978-0077403485, 77403487, 73527130, 978-0073527130
