MCQOPTIONS
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| 1. |
The account receivable turnover measures |
| A. | How often, on average receivables are received and collected during the period |
| B. | How long it takes to sell accounts receivable to a factor |
| C. | The relation of cash sales to credit sales |
| D. | How long it takes to sell merchandise inventory |
| Answer» B. How long it takes to sell accounts receivable to a factor | |