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  2. Topic
    Business
  3. Study Set
    Intermediate Financial Management
  4. Exam
    Exam 21: Working Capital
  5. Question
    Average Accounts Receivable Balance Is a Function of Both the Volume
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Average Accounts Receivable Balance Is a Function of Both the Volume

Question 2

Question 2

True/False

average accounts receivable balance is a function of both the volume of credit sales and the days sales outstanding.

Correct Answer:

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