If the Turnover Period for Accounts Receivable Is 8

question 36

Multiple Choice

If the turnover period for accounts receivable is 8.1 times per annum, what is the average number of days it takes to collect cash from accounts receivable?

• A)81 days.
• B)45 days.
• C)295 days.
• D)60 days.

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Simple Mail Transfer Protocol, an internet standard communication protocol for email transmission across IP networks.

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