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The average collection period indicates the percentage of sales financed with accounts receivable. the ratio of ending accounts receivables outstanding as compared to sales. the
The average collection period indicates
the percentage of sales financed with accounts receivable.
the ratio of ending accounts receivables outstanding as compared to sales.
the number of times the average accounts receivable balance is collected.
the average number of da
it takes to collect on account.
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Intermediate Accounting
Authors: kieso, weygandt and warfield.
14th Edition
9780470587232, 470587288, 470587237, 978-0470587287
