Question
The Manana Corporation had sales of $88.4 million this year. Its accounts receivable balance averaged $2.7 million. How long, on average, does it take the
The Manana Corporation had sales of $88.4 million this year. Its accounts receivable balance averaged $2.7 million. How long, on average, does it take the firm to collect on its sales? (Hint: Use 365 days for a year.)
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Technical Analysis Of Stock Trends
Authors: Robert D. Edwards, John Magee
1st Edition
1607962233, 978-1607962236
