Question
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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Accounting for Non-Accounting Students
Authors: John R. Dyson
8th Edition
273722972, 978-0273722977
