A company has an average collection period (ACP) of 20 days and AR balance of...
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Accounting
- A company has an average collection period (ACP) of 20 days and AR balance of $100,000. Assume 365 days. Note: ACP is same as AR Period.
- What is the Accounts Receivables Turnover (ART)?
- What is the sales amount?
- What is the Accounts Receivables Turnover (ART)?
- What is the sales amount?
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