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Question 21 (4 points) The accounts receivable turnover 1) is computed by dividing net credit sales for the accounting period by the cash realizable value
Question 21 (4 points) The accounts receivable turnover 1) is computed by dividing net credit sales for the accounting period by the cash realizable value of accounts receivable on the last day of the accounting period. O2) can be used to compute the average collection period. 3) is a method of evaluating the solvency of net accounts receivable. 3 4) is only important to internal users of accounting information
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