Which measure of days' sales in receivables are preferable, 30 or 40? Give your reason.

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Horngrens Accounting

ISBN: 978-0133855371

10th Canadian edition Volume 1

Authors: Tracie L. Miller Nobles, Brenda L. Mattison, Ella Mae Matsumura, Carol A. Meissner, Jo Ann L. Johnston, Peter R. Norwood

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Question Posted: Mar 31, 2017 03:32 PM

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Which measure of days' sales in receivables are preferable, 30 or 40? Give your reason.

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Thirty days sales in receivables are preferable to 40 days because the c...View the full answer

Horngrens Accounting

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