ABC co. extends credit term of 45 days to its customers. Its credit collection would be...
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ABC co. extends credit term of 45 days to its customers. Its credit collection would be considered poor if its average collection period was A B C D 30 days 36 days 47 days 42 days ABC co. extends credit term of 45 days to its customers. Its credit collection would be considered poor if its average collection period was A B C D 30 days 36 days 47 days 42 days
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C 47 days Explanation The average collection period is the number o... View the full answer
Related Book For
College Accounting A Practical Approach
ISBN: 978-0132564441
11th Canadian Edition
Authors: Jeffrey Slater, Brian Zwicker
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