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Ratio 3 Name & Formula: Days in Accounts Receivables = DAR = AR/average daily revenues = AR / (revenue/365) 1. What does this ratio tell
Ratio 3 Name & Formula: Days in Accounts Receivables = DAR = AR/average daily revenues = AR / (revenue/365) 1. What does this ratio tell you? 2. In general, would you like this ratio to be higher or lower? Why
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Financial And Managerial Accounting
Authors: Carl S. Warren, Jefferson P. Jones, William Tayler
16th Edition
