Problem-if accounts receivable stays the same and credit, Ask an Expert

Accounting

Problem-

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

Additional Requirement-

The problem belongs to Basic Accounting and it discusses about accounts receivable staying the same and credit sales going up.

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Accounting Basics, Accounting

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