A company that grants terms of n/45 on all sales has a yearly accounts receivable turnover, based
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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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No an accounts receivable turnover of 5 with sales on a n45 basis is not satisfactory It i...View the full answer
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