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  5. Accounting Ratios

12th Class Accountancy Accounting Ratios Question Bank MCQs - Accounting Ratios

  • question_answer
    ABC Co. extends credit terms of 45 days to its customers. Its credit collection would be considered poor if its average collection period was:

    A) 30 days

    B) 36 days

    C) 47 days

    D) 37 days

    Correct Answer: C

    Solution :

    [c] 47 days


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