Question
If a company's accounts receivable turnover is 4.6 times per year, its collection activity would be acceptable if its terms of sales are? A Net
If a company's accounts receivable turnover is 4.6 times per year, its collection activity would be acceptable if its terms of sales are?
A Net 30 days
B Net 45 days
C Net 60 days
D Net 90 days
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Financial Accounting
Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso
4th Edition
0471072419, 978-0471072416
