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Please answer the questions. Thanks :) Carla's Fashions has an average days in receivable of 30 days. You could infer that Carla's: A) has an
Please answer the questions. Thanks :)
Carla's Fashions has an average days in receivable of 30 days. You could infer that Carla's: A) has an accounts receivable turnover of 6. B) bills her customers monthly. C) has an accounts receivable turnover of 0. D) bills her customers quarterly. E) has an accounts receivable turnover of 4. Trent Corporation has total current assets equal to $50,000 and working capital of $20,000. Fleming Company has the same amount of working capital, but it has total current assets of $300,000. The company with the better working capital position is: A) Fleming Company B) Trent Corporation C) They both have equally good working capital positions. D) indeterminable with the information givenStep by Step Solution
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