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The average collection period is a ratio that measures the average number of days it takes for a company to collect payment from its customers. It is calculated by dividing the average accounts receivable by average daily sales. Accounts receivable turnover, on the other hand, is a ratio that measures how quickly a company collects its receivables. It is calculated by dividing net credit sales by average accounts receivable. The relationship between these two ratios is inverse or opposite. When the average collection period increases, it means it takes the company more time to collect payment from its customers. Consequently, the accounts receivable turnover decreases because the company is collecting receivables at a slower rate.
The technological function of calcium propionate in bread is as a/an:
Which of the following is not matched correctly?
Application of heat to chick during their early part of life
Paddy and straw are an example of
Which of the following technique is used to reduce soil erosion, evaporation, kinetic energy impact of rain drops?
Which of the following chemical is used in polyploidy?
Photoperiodism is a
Setting a price below that of the competition is called
NDDB was established with the objective of taking up the activity of
_____ is the physiological disorder of strawberry due to lack of fruit colour during ripening in which fruit remian irregular pink or even totally whit...
