A firm has 400000 in credit sales and 100000 in accounts


Question: A firm has $400,000 in credit sales and $100,000 in accounts receivable. Compute accounts receivable turnover and average number of collection days. How do these numbers relate to the terms of 2/10, n/30? The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.

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Finance Basics: A firm has 400000 in credit sales and 100000 in accounts
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