What Happens When Accounts Receivables Remains Same And Credit Sales Go Up
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Question
If accounts receivable stays the same, and credit sales go up
a). the average collection period will go up
b). the average collection period will go down
c). accounts receivable turnover will decrease
d). B and C
Summary
The question belongs to Accounting and it discusses about accounts receivable staying the same and credit sales going up.
Total Word Count 18
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