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  3. Study Set
    Financial Accounting
  4. Exam
    Exam 7: Introduction to Financial Statement Analysis
  5. Question
    In Theory, the Numerator of the Accounts Receivable Turnover Ratio
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In Theory, the Numerator of the Accounts Receivable Turnover Ratio

Question 163

Question 163

True/False

In theory, the numerator of the accounts receivable turnover ratio should include only sales made on account if the objective is to measure how quickly a firm collects its accounts receivable.

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