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Assume your company makes all of its sales on account and asks customers to pay within 30 days of receiving their invoic
Posted: Sun Jul 03, 2022 1:07 pm
by answerhappygod
- Assume Your Company Makes All Of Its Sales On Account And Asks Customers To Pay Within 30 Days Of Receiving Their Invoic 1 (396.04 KiB) Viewed 11 times
Assume your
company makes all of its sales on account and asks customers to pay within 30 days of receiving their invoice. Your
company's calculated Days' Sales in Receivables is 40 days. Is the ratio "good" or "bad"? Explain. Please solve the
question if you are completely sure about the solution, otherwise I will downvote it. Thanks.