What is the accounts receivable turnover ratio, and what type of information does it provide?
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What is the accounts receivable turnover ratio, and what type of information does it provide?
Accounts ReceivableAccounts receivables are debts owed to your company, usually from sales on credit. Accounts receivable is business asset, the sum of the money owed to you by customers who haven’t paid.The standard procedure in business-to-business sales is that...
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The accounts receivable turnover ratio is computed by dividing net sales by averag...View the full answer
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Related Book For 
Intermediate Accounting
ISBN: 978-0470423684
13th Edition
Authors: Donald E. Kieso, Jerry J. Weygandt, And Terry D. Warfield
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