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Accounts receivable

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What is the significance of the Accounts receivable average collection period and Accounts receivable turnover?

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In this solution the significance of Accounts Receivable average collection period and Accounts Receivable turnover is discussed.

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Accounts receivable average collection period is the approximate amount of time that it takes for a business to receive payment receivables from its customers and clients. Due to the size of various business transactions most businesses allow customers to purchase goods or services with ...

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