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If a company's accounts receivable turnover is 4.6 times per year, its collection activity would...

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Accounting

If a company's accounts receivable turnover is 4.6 times per year, its collection activity would be acceptable if its terms of sales are?

A Net 30 days

B Net 45 days

C Net 60 days

D Net 90 days

Answer & Explanation Solved by verified expert
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