How is days to collect accounts receivable determined? 365 days divided by accounts receivable turnover. Net sales

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How is days to collect accounts receivable determined?

365 days divided by accounts receivable turnover.

Net sales divided by 365.

Net sales divided by average net trade receivables.

Accounts receivable turnover divided by 365 days.

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Financial And Managerial Accounting The Basis For Business Decisions

ISBN: 9781260247930

19th Edition

Authors: Jan Williams, Susan Haka, Mark Bettner, Joseph Carcello

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Posted Date: Apr 06, 2024 11:56 AM

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How is days to collect accounts receivable determined? 365 days divided by accounts receivable turnover. Net sales

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Financial And Managerial Accounting The Basis For Business Decisions

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