Solved: Turnover of accounts receivables, Accounting Basics

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Turnover of accounts receivables

Assignment:

Accounts Receivables

Question 1. What is the importance of the turnover of Accounts Receivables?

Question 2. Why is it is essential for organizations to keep cash reserves on hands?

Question 3. Is it possible to still bring in a lot of revenue, but still be short on cash?

Question 4. How can this happen or not happen?

Write your answer in 150 words.

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Accounting Basics: Turnover of accounts receivables

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