Accounts receivable turnover
Given an accounts receivable turnover of 10 and annual credit sales of $900,000, the average collection period is
A. 90 days.
B. 18.25 days.
C. 36.50 days.
D. 40.56 days
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Guthrie Corp. has current liabilities of $340,000, a quick ration of 1.80, and current ratio of 3.3. Find out the amount of current assets? What is the amount of inventory?
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What concept in estate planning basically needs spouses to hold equal shares in the property?
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