Dahlia Corp. has a current accounts receivable balance of $513,260. Credit sales for the year just ended
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Dahlia Corp. has a current accounts receivable balance of $513,260. Credit sales for the year just ended were $4,986,340. What is the receivables turnover? The days’ sales in receivables? How long did it take on average for credit customers to pay off their accounts during the past year?
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Current accounts receivable balance A 513260 ...View the full answer
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SUJIT KUMAR JHA
I am qualified cost accountant by the Institute of cost and work Accountants of India and have more than 7 years of teaching experience in Accountancy, Finance and taxation.
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Related Book For
Fundamentals Of Corporate Finance
ISBN: 9781265553609
13th Edition
Authors: Stephen Ross, Randolph Westerfield, Bradford Jordan
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