The Average Collection Period for Accounts Receivable Is Computed by Dividing

question 71

Multiple Choice

The average collection period for accounts receivable is computed by dividing 365 days by

• A) net credit sales.
• B) average accounts receivable.
• C) ending accounts receivable.
• D) accounts receivable turnover.

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Record Macro

A feature in many software applications that captures a sequence of user actions or commands so that they can be executed as a single task for automation or repetition.

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