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The accounts receivable turnover rate for Kitlinger's Men's Wear has gone from an average of 10.6 times to 10.1 times per year. How has this
The accounts receivable turnover rate for Kitlinger's Men's Wear has gone from an average of 10.6 times to 10.1 times per year. How has this change affected the firm's accounts receivable period? Choose one a. Decrease of 1.71 days answer. b. Increase of 1.71 days c. Decrease of 2.28 days d. Increase of 2.28 days e. Increase of 2.97 days
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