Why would the accounts receivable turnover ratio be different between Wal-Mart Stores, Inc. and Procter & Gamble

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Why would the accounts receivable turnover ratio be different between Wal-Mart Stores, Inc. and Procter & Gamble Company?

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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Accounting

ISBN: 978-0324188004

21st Edition

Authors: Carl s. warren, James m. reeve, Philip e. fess

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