Fundamentals of Corp. Fin. (Looseleaf)(Custom)
Fundamentals of Corp. Fin. (Looseleaf)(Custom)
15th Edition
ISBN: 9781269945646
Author: Berk
Publisher: PEARSON
Question
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Chapter 19, Problem 5CT
Summary Introduction

Accounts Receivable: It refers to that amount which the debtors owe to the company.

Company can sale the products on credit which increase the value of its accounts receivable and the period within which company receives the payments is called the average collection period.

To Explain: The ways in which receivables management affect a firm’s value.

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