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pompa pompa
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7 years ago
The average investment of a firm in accounts receivable is equal to the firm's total variable cost of annual sales divided by its average collection period.
Textbook 
Principles of Managerial Finance

Principles of Managerial Finance


Edition: 14th
Authors:
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donnabandonnaban
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7 years ago
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pompa Author
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7 years ago
Just got PERFECT on my quiz
Gorgio_De
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Yesterday
Smart ... Thanks!
Butwhy
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2 hours ago
Correct Slight Smile TY
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