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The number of days' sales in receivables A.is the estimate of the length of time the accounts receivable have been outstanding B.measures the number of
The number of days' sales in receivables
- A.is the estimate of the length of time the accounts receivable have been outstanding
- B.measures the number of times the accounts receivable turn over each year
- C.is credit sales divided by average receivables
- D.is not meaningful and therefore is not used
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Using Financial Accounting Information The Alternative to Debits and Credits
Authors: Gary A. Porter, Curtis L. Norton
8th edition
1111534918, 978-1111534912
