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In note 1 Kellogg states that the average days sales outstanding in accounts receivable is 19 days. Attempt to verify this claim using information from
In note 1 Kellogg states that the average days sales outstanding in accounts receivable is 19 days. Attempt to verify this claim using information from the income statement and balance sheet. Why might your answer differ significantly from 19 days?
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Financial Accounting
Authors: Walter Harrison, Charles Horngren, William Thomas, Wendy Tietz
11th edition
978-0134065830, 134065832, 134127625, 978-0134127620
