Question
If Accounts Receivable turnover is 10.4, this means that from the date of: purchase to the date of payment is approximately 35 days. sale to
If Accounts Receivable turnover is 10.4, this means that from the date of:
purchase to the date of payment is approximately 35 days.
sale to the date of receipt of payment is approximately 35 days.
discount to the date of receipt of payment is approximately 35 days.
invoice to the date of payment is approximately 35 days.
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Financial Accounting Longman Modular Texts In Business And Economics
Authors: Christopher Waterston, Anne Britton
2nd Edition
058238169X, 978-0582381698
