What does a relatively high accounts receivable turnover indicate about a companys short-term liquidity?

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What does a relatively high accounts receivable turnover indicate about a company’s short-term liquidity?

Accounts Receivable
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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Managerial Accounting

ISBN: 978-0073379586

2010 Edition

Authors: John J. Wild, Ken W. Shaw

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