Question
Given the following fact pattern, please calculate how long on average it takes a company to collect its accounts receivable: - Annual revenue of
Given the following fact pattern, please calculate how long on average it takes a company to collect its accounts receivable: - Annual revenue of $32.655 - 365 days in the year - Accounts receivable balance of $2,125 - Cost of sales of $17.817
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Financial Accounting A User Perspective
Authors: Robert E Hoskin, Maureen R Fizzell, Donald C Cherry
6th Canadian Edition
470676604, 978-0470676608
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