The firm's receivables conversion period (measured in days) is equal to its accounts receivable divided by...
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The firm's receivables conversion period (measured in days) is equal to its accounts receivable divided by its a. annual credit sales/360 b. annual credit sales c. annual sales/360 d. none of the above When factoring accounts receivables, the factor is the: a. negotiated accounts receivable account. b. the percent deduction in payment to the firm. c. the financial institution that buys the accounts receivable. d. the method of determining how much money is lent to the firm. It is the average length of time required to convert a firm's receivables into cash. a. cash conversion cycle b. inventory conversion period c. receivables collection period d. payables deferral period e. days sales outstanding The firm's receivables conversion period (measured in days) is equal to its accounts receivable divided by its a. annual credit sales/360 b. annual credit sales c. annual sales/360 d. none of the above When factoring accounts receivables, the factor is the: a. negotiated accounts receivable account. b. the percent deduction in payment to the firm. c. the financial institution that buys the accounts receivable. d. the method of determining how much money is lent to the firm. It is the average length of time required to convert a firm's receivables into cash. a. cash conversion cycle b. inventory conversion period c. receivables collection period d. payables deferral period e. days sales outstanding The firm's receivables conversion period (measured in days) is equal to its accounts receivable divided by its a. annual credit sales/360 b. annual credit sales c. annual sales/360 d. none of the above When factoring accounts receivables, the factor is the: a. negotiated accounts receivable account. b. the percent deduction in payment to the firm. c. the financial institution that buys the accounts receivable. d. the method of determining how much money is lent to the firm. It is the average length of time required to convert a firm's receivables into cash. a. cash conversion cycle b. inventory conversion period c. receivables collection period d. payables deferral period e. days sales outstanding The firm's receivables conversion period (measured in days) is equal to its accounts receivable divided by its a. annual credit sales/360 b. annual credit sales c. annual sales/360 d. none of the above When factoring accounts receivables, the factor is the: a. negotiated accounts receivable account. b. the percent deduction in payment to the firm. c. the financial institution that buys the accounts receivable. d. the method of determining how much money is lent to the firm. It is the average length of time required to convert a firm's receivables into cash. a. cash conversion cycle b. inventory conversion period c. receivables collection period d. payables deferral period e. days sales outstanding
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Related Book For
Income Tax Fundamentals 2013
ISBN: 9781285586618
31st Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
Posted Date:
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