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Katherine Gonzalez
on Oct 09, 2024

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All other things the same, purchasing merchandise inventory would have no effect on the accounts receivable turnover ratio at a retailer.

Accounts Receivable Turnover

A financial ratio that measures how efficiently a company collects revenue from its credit sales by comparing net credit sales with the average accounts receivable.

  • Acquire knowledge on how sales and receivables management are related.
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Allison KannegieterOct 10, 2024
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