The Following Information About Douglas Corp
B What Problem Does a Constant A/R Tunover Assumption Cause
The following information about Douglas Corp.'s Accounts Receivable and Sales are presented below:
Required:
a. Using this information, forecast Dougas Corp.'s the growth in Accounts Receivable for years .
b. What problem does a constant A/R tunover assumption cause?
c. Provide a solution to the problem caused by a constant A/R turnover assumption
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