[Answered] Septon Inc. has an average collection period of 74 days. What is the accounts receivable turnover ...

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vinney12

Hero Member
Posts: 586

on: Jul 11, 2018

Septon Inc. has an average collection period of 74 days. What is the accounts receivable turnover
ratio for Septon Inc.?

A) 2.66 B) 4.93 C) 2.47 D) 1.74

Question 2

Which of the following statements is/are advantages of incorporation?

A) Access to capital markets
B) Limited liability
C) Unlimited life
D) All of the above

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Marked as best answer by a Subject Expert

mmpiza

Sr. Member
Posts: 354

Reply #1 on: Jul 11, 2018

Answer to Question 1

B

Answer to Question 2

D

vinney12

Member
Posts: 586

Reply 2 on: Jul 11, 2018

Excellent

Jsherida

Member
Posts: 314

Reply 3 on: Yesterday

TYSM

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