Question
How is days to collect accounts receivable determined? 365 days divided by accounts receivable turnover. Net sales divided by 365. Net sales divided by average
How is days to collect accounts receivable determined?
365 days divided by accounts receivable turnover.
Net sales divided by 365.
Net sales divided by average net trade receivables.
Accounts receivable turnover divided by 365 days.
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Financial And Managerial Accounting The Basis For Business Decisions
Authors: Jan Williams, Susan Haka, Mark Bettner, Joseph Carcello
19th Edition
1260247937, 978-1260247930
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