Why would the accounts receivable turnover ratio be different between Wal-Mart and Procter & Gamble? Discuss.
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Accounts 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 bulk of WalMart sales are to final customers that pay with credit cards or cash I...View the full answer
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