Question
if a firm has sales of $25,698,000 a year, and the average collection period for the industry is 45 days, what should this firm's accounts
- if a firm has sales of $25,698,000 a year, and the average collection period for the industry is 45 days, what should this firm's accounts receivables be if the firm is comparable to the industry?
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Get StartedRecommended Textbook for
Principles of Finance
Authors: Scott Besley, Eugene F. Brigham
6th edition
9781305178045, 1285429648, 1305178041, 978-1285429649
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