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Liquidity is an important term in accounting.This is the measure of how assets can be turned into cash.Accounts receivable turnover and average collection period ratios

Liquidity is an important term in accounting.This is the measure of how assets can be turned into cash.Accounts receivable turnover and average collection period ratios help us to understand how effectively the receivables are being managed.Pick one of the ratios and share how it is calculated, and how management might use this information. please answer in 65 words or more.

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