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Which of the following best describes accounts receivable turnover (ART)? Group of answer choices ART is a measure of managements estimate of the ultimate collectability
Which of the following best describes accounts receivable turnover (ART)? Group of answer choices ART is a measure of managements estimate of the ultimate collectability of average accounts receivable. ART is a measure of how many days are required, on the average, to collect accounts receivable. ART is a measure of the average credit worthiness of the customers who are extended credit by the firm. ART is a measure of how many times average trade receivables are collected during the period.
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